Aker accepted NOK 51 million insider-trading penalty
Company: Aker ASA
Summary
ØKOKRIM imposed a corporate penalty on Aker ASA for insider trading and breach of confidentiality. According to ØKOKRIM, Aker purchased a Total Return Swap on 1 November 2013 with 1.5 million Aker Solutions shares as the underlying while possessing inside information concerning Aker Solutions. The accepted sanction consisted of a NOK 34 million fine and NOK 17 million confiscation. Source: https://www.okokrim.no/forelegg-til-aker-asa-paa-51-millioner-kroner-for-innsidehandel.5990813-411472.html