A proposed $1.3 million penalty against Star's former head could be derailed by the corporate watchdog's decision to settle negligence cases against two other executives for much smaller amounts.
Former Star chief executive Matthias Bekier failed to inform the board of suspicious conduct committed by Chinese junket operator Suncity in 2018 and 2019, the Federal Court found in March.
Mr Bekier and former Star general counsel Paula Martin have been successfully sued by the Australian Securities and Investments Commission for breaches of their duties.