Perth-based corporate finance director Ananda Kathiravelu has narrowly avoided jail after being convicted of market manipulation for his role in a 2016 capital raising scheme.
Two directors and the company secretary of ASX-listed Continental Coal have been charged with breaching their duties, as well as providing false and misleading statements.
Ananda Kathiravelu, a director of corporate finance firm Armada Capital, will face trial after being charged with conspiracy to commit an offence of market manipulation.