Former executive of Healthe Care Australia pleads guilty to insider trading (ASIC, 2021)

Judgment entered

✓ Checked against the primary document on October 4, 2026. The library's summary, tags and figures for this record were compared with the regulator's own document by an AI model (Claude) following written instructions, with sampled and disputed records read a second time. No lawyer has reviewed them. A checked record can still contain errors, and checked does not mean endorsed. See how we check records or report a correction.

Report an error in this record (asic-21-110mr-insider-trading-2021) by email

In May 2021 ASIC reported that Gregory Campbell, a Healthe Care Australia executive, pleaded guilty to one count of insider trading in Pulse Health shares. He was sentenced to 12 months' imprisonment with release on recognisance, a A$10,000 fine and a A$31,996 pecuniary penalty.

The record

What was ordered

Civil penalty

—

Disgorgement

—

Prejudgment interest

—

Total relief

—

Alleged gain

—

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 plea on May 21, 2021 as release 21-110MR.

Campbell acquired 392,257 Pulse Health shares for about A$127,384 while holding inside information from his role as national development and construction manager at Healthe Care, and sold them two days later. One earlier count was dismissed by the magistrate for insufficient evidence.

The record previously showed the matter as dismissed because of that single dropped count; he pleaded guilty and was sentenced in November 2021 (see release 21-305MR).

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.

Outcome. ASIC's later release 21-305MR reports that the County Court of Victoria sentenced Campbell to 12 months' imprisonment, released on a A$10,000 recognisance, fined him A$10,000 and ordered a pecuniary penalty of A$31,996, the profit from the trade. The judge said that without the guilty plea the sentence would have been two years without release on recognisance. The court's account is that he bought 392,257 Pulse shares while knowing of a planned Healthe Care approach and sold them after the offer was announced.

What the sources do not show: release 21-305MR does not state the sentencing date. The date used here, 16 November 2021, comes from the editor's note on the earlier plea release, which said that was when sentencing would take place.

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. 2021-05-21 ASIC media release
2. 2021-11-16 Campbell sentenced to 12 months' imprisonment, released on recognisance, fined A$10,000 (ASIC 21-305MR; date from earlier ASIC editor's note)

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 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.