The corporate regulator’s inquiries into WiseTech Global founder Richard White’s share trading and the software giant’s market disclosures have progressed from a preliminary stage to a formal investigation.
The billionaire was forced to resign as chief executive and from the board of the logistics platform company in October after a joint investigation by The Australian Financial Review, The Sydney Morning Herald and The Age revealed a $2 million settlement with a former lover and allegations of bullying and intimidation by a former director.
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