fromTechzine Global
1 day agoPolice raids at SoftwareOne at multiple European offices
Prosecutors allege that in 2024, the five suspects each sold large blocks of SoftwareOne shares before the company published two press releases that negatively impacted the share price. According to the Swiss public prosecutor's office, the suspects allegedly misused confidential information from the press releases. This allowed them to avoid financial losses of up to 2.49 million Swiss francs, equivalent to more than 3.1 million dollars.
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