Regina v Austin & Manasseh [2001] NSWSC 484

Reported Decision : (2001) 38 ACSR 271

New South Wales Supreme Court

CITATION : Regina v Austin & Manasseh [2001] NSWSC 484 FILE NUMBER(S) : SC 70038/00; 70204/00 HEARING DATE(S) : 5/2/01, 6/2/01, 7/2/01, 8/2/01, 9/2/01, 12/2/01, 13/2/01, 14/2/01, 15/2/01, 16/2/01, 19/2/01, 20/2/01, 21/2/01, 22/5/01, 23/2/01, 25/5/01 JUDGMENT DATE : 13 June 2001

Regina PARTIES : Leslie Raymond Austin - Accused Maurice Showa Manasseh - Accused JUDGMENT OF : Bell J at 1

P. Roberts SC - Crown COUNSEL : G. Farmer - Austin D. Hammerschlag SC / A.L. Fernon - Manasseh Commonwealth Director of Public Prosecutions - Crown SOLICITORS : Legal Aid Commission of NSW T.A. Murphy - Austin Landerer & Co Solicitors - Manasseh CATCHWORDS : Share market manipulation - creating false or misleading appearance of active trading in securities The Corporations Law Crimes Act 1914(Cth) LEGISLATION CITED : Securities Industries Act 1970 (NSW) Securities Industries Act 1975 Securities Industries (WA) Code Director of Public Prosecutions (Cth) v El Karhani [1990] 21 NSWLR 370 North v Marra Developments Limited (1981) 148 CLR 42 Pearce v The Queen [1998] HCA 57; (1998) 194 CLR 610 R v Georgiopoulos (unreported) DCWA, 9 April 1998 CASES CITED : R v Goward (unreported) NSWCCA 16 October 1998 R v Isaacs (1997) 41 NSWLR 374 R v Lloyd (1996)19 ACSR 528 R v Shearer (unreported) DCSA, 18 June 1998 R v Wright [1980] VR 593 Ryan v The Queen [2001] HCA 21 DECISION : Convicted. Released on recognisance conditioned on good behaviour for three years - pursuant to s 20(1) Crimes Act 1914 (Cth)