Regulator ASIC is taking action involving former Super Retail Group executive Anthony Heraghty, who begins a new high-profile role as the matter moves forward. Multiple outlets report that the case includes a $40 million legal fight and centers on conduct under ASIC scrutiny.

The reports also reference a “secret relationship” involving Heraghty as part of the broader coverage of the dispute. While the outlets describe the same overall timeline—Heraghty’s new position followed by ASIC involvement—the framing varies in emphasis. Some focus more on the regulatory action and the size of the legal dispute, while others foreground the personal relationship element described as part of the story. Across the coverage, all accounts present the matter as a significant corporate governance and regulatory issue tied to Heraghty’s prior leadership role.

Taken together, the articles place the ASIC matter and the $40 million dispute in the context of Heraghty’s transition to a new job, while acknowledging that the relationship detail is presented as part of the narrative surrounding the legal and regulatory proceedings.