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General

Iliad and chairman Lombardini face fines for insider trading

Friday 29 March 2019 | 11:44 CET | News
The French financial market authority (AMF) is recommending a EUR 1 million fine for Iliad's chairman Maxime Lombardini, in addition to a EUR 500,000 fine for the company, following accusations of insider trading linked to the attempted takeover of T-Mobile USA in 2014. Lombardini, who was chief executive at the time, sold shares in Iliad just a few weeks before the company made a bid for a majority stake in T-Mobile USA.

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Categories: General
Companies: Iliad
Countries: France
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