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Swedish Police Make Insider Trading Arrests Over Fortnox, Tethys
7 Articles
7 Articles
Swedish Police Make Insider Trading Arrests Over Fortnox, Tethys
Nine people in Sweden have been arrested on charges of insider trading connected to the takeover offers for online accounting firm Fortnox AB and energy company Tethys Oil AB, a spokesperson for the authorities said by phone.
Nine people, several of whom are part of a family constellation, are suspected of serious insider trading. The case concerns trading in shares in the now-bought Tethys Oil and Fortnox.
Svenska Dagbladet
Nine people have been arrested on suspicion of serious insider trading. "Insider trading on a level we have hardly seen before," the Swedish Economic Crime Authority writes in a press release.
Sweden Arrests Nine Over Suspected Insider Trading - FinanceFeeds
What Happened in Stockholm? Swedish authorities arrested nine individuals on Tuesday in what prosecutors described as one of the most serious insider trading cases the country has seen. The Economic Crime Authority said the suspects coordinated trades in 2024 and 2025 ahead of takeover announcements involving Tethys Oil and Fortnox, two companies listed on the Stockholm stock exchange at the time. The agency suspects the group repeatedly traded …
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