Boss slugged with $60,000 fine over 'cowardly' Xmas party act yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
An expert for iSignthis doesn’t believe an analyst who used revenue for a single quarter to calculate an annualised figure was making any type of forecast.
The corporate regulator had alleged the payment services group booked last-minute revenues in order for management to realise lucrative performance rights.
The Federal Court heard John Karantzis failed to disclose that Visa had terminated a partnership and misled investors over the level of recurring revenues.