Court hears of Waterhouse bias claim

AN INDEPENDENT expert relied on by former Merrill Lynch client David Waterhouse has been accused by counsel for the broker of acting as an advocate for Mr Waterhouse rather than providing the court with independent evidence.

Insider trading charge to court

A FORMER director of resources at Lion Selection is facing insider trading charges stemming from last year's hostile takeover approach by mining giant Xstrata for copper and gold explorer Indophil. John O'Reilly, who was a non-executive director of Lion Selection until November last year, was ordered to surrender his passport and has been bailed to appear at the Melbourne Magistrate's Court on Friday.