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Article: EADS stock inquiry sent to prosecutorsSuspect share sales said to be uncovered
- Article from:
- International Herald Tribune
- Article date:
- October 4, 2007
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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Nicola Clark
International Herald Tribune
10-04-2007
A French inquiry into possible insider trading at EADS, the parent company of Airbus, has gained momentum after the country's financial market regulator submitted documents about the investigation to prosecutors. A spokeswoman for the Paris prosecutor confirmed Wednesday that Xaviere Simeoni, the investigating magistrate who began looking into the share transactions a year ago, had received the report from the regulator, the Financial Markets Authority, or AMF. She declined to discuss its contents because the investigation was continuing.A spokeswoman for the regulator said, ''French law requires us to transmit this information, without ...
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