Fingerprint Cards says former CEO arrested in market abuse probe


  • TECH
  • Tuesday, 24 Jan 2017

Market leader: Fingerprint Cards specialises in biometrics.

STOCKHOLM: Fingerprint Cards said its former chief executive and a board member had been arrested on suspicion of insider trading ahead of a profit warning by the biometric technology group in December.

The Swedish Economic Crime Authority said it had carried out house searches and arrested two people on suspicion of aggravated insider trading after a substantial amount of shares were sold before Fingerprint Cards' profit warning. It did not name the people.

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