Joe Longo

Person

Last mentioned: Mar 10, 2026

Timeline

  1. Court Dismissal

    Federal Court dismisses ASIC's case against the directors, citing insufficient evidence of personal breach.

  2. ASIC Warning

    ASIC Chair Joe Longo issues a statement placing all corporate boards 'on notice' regarding diligence standards.

  3. License Suspension

    Star's casino licenses remain suspended or under management as remediation continues.

  4. ASIC Proceedings Launched

    ASIC initiates civil penalty proceedings against 11 directors for breach of duty.

  5. Bell Inquiry Report

    Star Entertainment found unfit to hold a casino license in NSW due to systemic failures.

Stories mentioning Joe Longo 1

regulation Neutral

ASIC Defeat in Star Entertainment Case Sets New Bar for Board Accountability

The Federal Court has dismissed ASIC’s civil penalty proceedings against former directors of Star Entertainment Group, marking a significant legal setback for the regulator. However, ASIC maintains the case has clarified the high standards of diligence expected of corporate boards, effectively placing directors across Australia on notice.

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