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Article: EADS stock inquiry gaining momentumSuspect 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 to prosecutors that reportedly detailed millions of euros in suspect share sales by top managers.The French newspaper Le Figaro reported Wednesday that it had been shown copies of a ''preliminary note'' filed by the Financial Markets Authority, or AMF, alleging that nearly two dozen executives of European Aeronautic Defense & Space and Airbus were aware of serious problems with the production of the Airbus A380 superjumbo jet when they exercised stock options from ...
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