ASIC launches civil penalty proceedings against former Quintis managing director Frank Wilson
ASIC has commenced civil penalty proceedings in the Federal Court of Australia against Frank Cullity Wilson, former managing director of Quintis Limited (Quintis), for failing to discharge his duties as a director under section 180 of the Corporations Act 2001 (Cth). ASIC is alleging that by failing to disclose to the Quintis Board of directors …
