Former Bre-X geologist John Felderhof has been acquitted of all 8-charges of insider trading.
Felderhof was accused by the Ontario Securities Commission of selling $84 million worth of Bre-X stock between April and October 1996, while having information that was not disclosed to investors.
Despite the acquittals by the Ontario Superior Court, Felderhof remains beset by civil litigation.
Felderhof was accused by the Ontario Securities Commission of selling $84 million worth of Bre-X stock between April and October 1996, while having information that was not disclosed to investors.
Despite the acquittals by the Ontario Superior Court, Felderhof remains beset by civil litigation.
No comments:
Post a Comment