iSignthis mounts defence against ASIC lawsuit
iSignthis mounts defence against ASIC lawsuit Save Share Suspended fintech iSignthis is resting part of its defence against the corporate regulatorâs civil action on Treasuryâs allowance for continuous disclosure relief introduced during the COVID-19 downturn. iSignthis boss John Karantzis has filed a defence in the Federal Court against ASIC charges. Â iSignthis and Mr Karantzis argue that three contracts entered into in the three months to June 30, 2018 that totalled $3 million were not material to the share price, even though they helped the business reach a $5 million target,...
Source: afr.com