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Enforcement/asicCWLTH

Victorian man sentenced in Cann Group insider trading case

25-229MR

criminal7 Oct 2025

Respondent

Antonio Stella

Facts

Antonio Stella, of Donvale, Victoria, has been sentenced to 11 months imprisonment and ordered to pay a penalty of $225,447.24 for insider trading in relation to medicinal cannabis company, Cann Group Limited (Cann Group).

Outcome

ASIC criminal conviction/sentence — Antonio Stella: 11 months' imprisonment for insider trading in Cann Group Limited shares, released forthwith on a $1,000 recognisance to be of good behaviour for 12 months, plus a consent pecuniary penalty order of $225,447.24, after pleading guilty on 1 October 2025 (announced 2025-10-07). See the ASIC source for the full terms.

Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2025-releases/25-229mr-victorian-man-sentenced-in-cann-group-insider-trading-case

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