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Business

Daimler, EADS charged with insider trading

Latest update : 2011-02-10

German auto giant Daimler has been hit by an insider trading scandal involving the European defence group EADS. Investigating French judges are pursuing charges related to share sales in 2005 and 2006.

AFP - French judges are charging German auto giant Daimler in an insider trading scandal centering on the European defence group EADS, a judicial official told AFP on Thursday.

Investigating judges are charging Daimler, a key shareholder in EADS, with insider trading in a high-profile case relating to the sale of EADS shares in 2005 and 2006, said the official, who asked not to be named.
 

Date created : 2011-02-10

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