TomTom Investigated for Insider Trading
Date: Thursday, October 01 @ 20:58:58 UTC
Topic:
 Reuters are reporting an criminal investigation of a TomTom employee for insider trading.
The investigation by Dutch public prosecutors, the financial services regulator AFM and tax authorities is focussed on a single employee and TomTom's Amsterdam offices were searched yesterday.
The seniority of the employee has not been disclosed although TomTom have stated it is not a board member and there was no evidence to support the claim that the employee had any 'insider information'.
TomTom is understood to be fully cooperating with the investigation.
Click here to read more...
Click here to discuss...
|
|