Friday, 23 March 2012

Fingerprint Cards employee under suspicion of serious indider trading

Fingerprint Cards AB (STO: FING B) said today that the Swedish Economic Crime Authority has requested a non-executive employee to be detained on suspicion of serious breach of insider legislation. The suspected events took place on a number of events from 2010-2012.

The company says that the employee was arrested at his home yesterday morning and has been charged with the offenses on reasonable grounds at the city Court today. Fingerprints Cards AB says it reported suspicious share price movements and insider trading doubts to the Swedish Financial Supervisory Authority on four different occasion within the last two years.

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