Regulatory Alerts2026-06-01
CDPP discontinues insider trading charges against Big Un former CFO Andrew Corner following hung jury
The Commonwealth Director of Public Prosecutions has discontinued proceedings against Andrew Corner, the former CFO of Big Un Limited, after a jury failed to reach a unanimous verdict. The CDPP decided against pursuing a retrial in accordance with the Prosecution Policy of the Commonwealth, leading ASIC to consider the matter finalised. This decision follows the earlier guilty plea of Big Un's former CEO, Richard Evans, to charges of communicating inside information.
The Office of the Director of Public Prosecutions (Cth) (CDPP) has determined it will discontinue proceedings against the former chief financial officer (CFO) of collapsed ASX-listed technology company Big Un Limited following a hung jury.
Charges were laid against Andrew Corner in April 2023 but were discontinued by the CDPP after a jury was unable to reach a unanimous verdict following a five-week trial ending 30 March 2026.
The CDPP made the decision not to proceed with a re-trial having regard to the Prosecution Policy of the Commonwealth.
Following the CDPP’s decision, ASIC considers the matter finalised.
Background
Further background to Mr Corner’s case is set out in ASIC media release 23-161MR .
Big Un Limited’s former chief executive officer, Richard Evans (formerly Evertz) pleaded guilty in April 2026 to one charge of communicating inside information ( 26-069MR ).