October 3, 2007
EADS Report on Insider Trading
The always excellent White Collar Crime Prof Blog has a post on the preliminary investigation by the French financial regulator Autorité des marchés financiers (AMF) indicating that a number of senior executives at Franco-German aircraft manufacturer European Aeronautic Defense & Space Co. NV (EADS) sold shares before the announcement of problems with the company's largest development project ever, the A380. As the White Collar Crime Prof notes, "Insider trading cases in [France] are fairly uncommon, at least as compared to the United States. It will be interesting to see how the investigation develops, especially when it involves a company with the political significance of EADS."
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