Antonio Stella indicted on insider trading charges (ASIC, 2025)

Judgment entered

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In March 2025 ASIC announced that Antonio Stella of Victoria was indicted on two counts of insider trading over Cann Group shares sold on 19 and 20 July 2021. He pleaded guilty on October 1, 2025 and ASIC reported on October 6, 2025 that he was sentenced to 11 months' imprisonment, released on a 12-month recognisance, and ordered to pay a A$225,447.24 penalty.

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$225k

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 indictment in release 25-032MR; the Commonwealth Director of Public Prosecutions is prosecuting in the County Court of Victoria.

The recorded gain is the sum of the stated profit and avoided loss. The release records no plea or verdict.

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 release 25-229MR (October 6, 2025) reports that Stella pleaded guilty on October 1, 2025 to two counts of insider trading and was sentenced to 11 months' imprisonment, with immediate release on a $1,000 recognisance to be of good behaviour for 12 months, and ordered to pay a penalty of $225,447.24. The release does not state the sentencing date, so the date stored is that of the release. The sentence follows a plea, not a trial. This record is the same prosecution as the separate record built from release 25-229MR.

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. 2025-03-06 ASIC media release
2. 2025-10-01 Stella pleads guilty to two counts of insider trading (ASIC release 25-229MR)
3. 2025-10-06 Sentence reported by ASIC (release 25-229MR)

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 25-229MR (sentencing)

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 2 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.