Former executive charged with insider trading (ASIC, 2018)

Judgment entered

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In 2018 ASIC announced that former Healthe Care executive Gregory Campbell was charged with three counts of insider trading in Pulse Health shares. One count was dismissed, and after he pleaded guilty to one count in 2021 he was sentenced to 12 months' imprisonment, released on recognisance, with a $10,000 fine and a $31,996 pecuniary penalty order.

The record

What was ordered

Civil penalty

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Disgorgement

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Prejudgment interest

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Total relief

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Alleged gain

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Penalty as published

A$10k

A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars. This regulator states penalties in AUD. The figure is recorded as published and is not converted, so it does not appear in the USD totals or medians used elsewhere on this site.

What is alleged to have happened

The Australian Securities and Investments Commission announced the charges on July 23, 2018 as release 18-216MR; editor's notes record committal in 2019.

ASIC alleged Campbell applied for 350,000 shares on October 7, 2016 and 300,000 on October 14, and acquired 392,257 on October 19, 2016, while holding inside information from his employment about the bid announced on October 20, 2016.

The magistrate dismissed count one for insufficient evidence of possession of inside information and committed him on counts two and three. The record previously showed the whole matter as dismissed, though two counts proceeded to a guilty plea and sentence.

Two later ASIC media releases show how the prosecution ended. In May 2021 Campbell pleaded guilty in the County Court of Victoria to one count of insider trading, and ASIC's release of 16 November 2021 says he was sentenced to 12 months' imprisonment, released immediately on a $10,000 recognisance, fined $10,000 and ordered to pay a pecuniary penalty order of $31,996 representing his profit. It also says the judge would have imposed two years without release but for the guilty plea. The release was created on 16 November 2021, which is the date recorded. The fine is recorded in Australian dollars and the pecuniary penalty order is not in the money fields. The prosecution was brought by the Commonwealth Director of Public Prosecutions.

For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.

What technique is this, and how does it work?

This action is tagged with one technique in our taxonomy. The tagging is ours: regulators charge statutory provisions, not technique names, so the mapping is an editorial judgement described in our editorial policy.

• Insider trading — see how it works, what statute it engages, and every other action tagged the same way.

Timeline

1. 2018-07-23 ASIC media release
2. 2021-05-21 Campbell pleads guilty to one count of insider trading (release 21-110MR)
3. 2021-11-16 Campbell sentenced to 12 months' imprisonment (released on recognisance) and fined $10,000

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

• ASIC media release
• ASIC media release 21-110MR (guilty plea)
• ASIC media release 21-305MR (sentence)

The linked release is published by the issuing regulator under its own terms. Our summary and narrative above are our own writing.

Same matter

The library links these 3 records because they appear to concern one matter: the same lead defendant, an overlapping technique tag and close filing dates, or a shared court docket or a release that cites the other. Records are listed by date filed.

This grouping is the library's, made by matching names, techniques, dates and citations when the site is built. It is not the regulator's or a court's determination that the records are one case, and it errs towards missing a link rather than making a false one.

Related actions

Other actions in the library sharing at least one technique tag with this one.

Record added September 10, 2026. submit a correction.