The Traderszone Network

Published in TZ Latest News 3 October, 2014 by The TZ Newswire Staff

French court suspends Airbus insider trading trial

French judges on Friday effectively suspended a trial involving allegations of insider trading in the shares of Airbus Group to allow a higher court to rule on whether the long-awaited procedure was constitutional. Seven current or former managers and two former industrial shareholders are accused of illegally selling shares in what was then known as EADS, in March 2006, in the knowledge that things were about to go wrong at Europe’s largest aerospace firm.

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