The Australian Federal Police (AFP) and the Australian Securities and Investments Commission (ASIC) have raided a WiseTech office in Sydney.
WiseTech is a global software, and logistics company.
In a release to the ASX, the company said ASIC and the AFP executed a search warrant requiring the production of documents regarding alleged trading in WiseTech shares by co-founder Richard White and three WiseTech employees during the period from late 2024 to early 2025.
There are no allegations against the company itself.
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