Latest news with #ChristopherKay
News.com.au
8 hours ago
- News.com.au
‘Sterling gentleman not a monster': Sydney man found not guity of rape
A schoolboy accused of raping, choking, assaulting, and intimidating a woman has been found not guilty of all charges, after a jury accepted the 'sterling gentleman' could not have transformed into a 'horrendous monster' for a single year. Christopher Kay, now 21, stood trial in the NSW District Court after pleading not guilty to 18 charges relating to an alleged victim when they were both 17-year old school students. A jury took less than a day to find the Chatswood man not guilty of all charges. Mr Kay was accused of sexual intercourse without consent - with the Crown relying on her alleged comments 'Maybe not right now. Can we please do this later?' to show her lack of consent. He was also accused of damaging her necklace and mobile phone in fits of anger. Mr Kay's defence barrister Margaret Cunneen SC told the jury that while acknowledging the abhorrent nature of sexual assault and violence against women, false allegations are equally serious and that the complainant had fabricated a narrative to frame her client. She described Mr Kay as a 'sterling gentleman', highlighting his good character, academic achievements, and lack of prior offences - arguing it was improbable for him to suddenly transform into a 'horrendous monster'. Ms Cunneen accused the complainant of 'retrofitting' and embellishing her evidence, portraying her as an 'entitled, very spoilt actress' who had lied under oath. Evidence that Mr Kay had called the alleged victim's mother, expressing concern for her emotional state and asking her to come and get her was behaviour inconsistent with the behaviour of an abuser, Ms Cunneen told the court. Ms Cunneen questioned why the complainant and her current boyfriend had concealed their relationship, suggesting it was part of a scheme to portray the complainant as a victim. She told the jury the complainant was 'very, very keen on sex' and often initiated it and suggested that, given the explicit nature of their communications, Mr Kay had reason to believe he had. Crown Prosecutor Simon Healy said the verdicts should be a 'technical decision' based on the evidence, a yes/no answer to whether the Crown has proven the essential elements of each count, rather than an emotional decision based on personal feelings. Acknowledging the complainant could be fun and pleasant, he said she was also demanding and difficult. However, he stressed that the trial was not about her character, but about whether the Crown had proven the essential elements of each count. Ms Cunneen told Mr Kay, who had his passport seized by police, missed scholarship and exchange opportunities at overseas universities while he waited to defend the charges. She said the court heard Mr Kay's good character evidence also spanned the period in question and the three years since. The evidence included a young woman friend of both who declared herself a 'deep-rooted feminist' but that, 'to her close observation, Christopher was always calm and caring while the complainant used 'weaponised panic attacks' to get her way.' The court also heard the alleged offences were said to have occurred at Mr Kay's home, a two-bedroom apartment, yet the police did not obtain statements from his parents, who were usually home. They gave evidence that they heard nothing untoward, and heard only laughter coming from the room. Mr Kay told 'This has been an incredibly traumatic experience for my family and me. I'm glad that the truth was revealed and a new chapter of life can begin.'
Yahoo
27-03-2025
- Business
- Yahoo
Possible Bearish Signals With M&T Bank Insiders Disposing Stock
In the last year, many M&T Bank Corporation (NYSE:MTB) insiders sold a substantial stake in the company which may have sparked shareholders' attention. When evaluating insider transactions, knowing whether insiders are buying is usually more beneficial than knowing whether they are selling, as the latter can be open to many interpretations. However, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing. The Chairman & CEO, Rene Jones, made the biggest insider sale in the last 12 months. That single transaction was for US$4.5m worth of shares at a price of US$194 each. So what is clear is that an insider saw fit to sell at around the current price of US$182. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive). In the last year M&T Bank insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! Check out our latest analysis for M&T Bank For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket. The last three months saw significant insider selling at M&T Bank. In total, Head of Enterprise Platforms Christopher Kay sold US$300k worth of shares in that time, and we didn't record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap. Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. It's great to see that M&T Bank insiders own 0.4% of the company, worth about US$127m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders. An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
