WiseTech hits over-a-month high after ASIC closes investigation into founder

** Shares of Australia's WiseTech Global WTC.AX rise as much as 6% to A$35.55, their highest level since September 8

** Stock hits its biggest intraday pct gain since October 2

** Software solutions developer says corporate regulator, Australian Securities and Investments Commission (ASIC), will not take any action against founder Richard White and two employees following an investigation into alleged trading in the firm's shares by them

** The decision comes after ASIC and the Australian Federal Police raided the company's Sydney office last year

** The regulator said an investigation remains ongoing in relation to another individual who is not a WiseTech employee

** YTD, stock down nearly 50%