Two Verdane employees charged with insider trading

”For us, this is a total shock,” the CEO of the specialist growth investment firm has told Norwegian media.

by lara jarstad

13 Norwegians and twelve Swedes were arrested last week and charged with illegal insider trading. Among the accused are two employees of the Norwegian private equity manager Verdane, which manages companies with a value of around NOK 75bn (EUR 6.6bn). One of them is a senior employee.

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Two Verdane employees charged with insider trading

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Sign up for our newsletter

Front page now

Real estate fund is doing well despite turbulent beginning: "The stock market is brutally honest"

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Further reading

Relatives and acquaintances of Verdane employee charged with insider trading

Verdane employee to be extradited to Sweden

Verdane employee identified as main player in insider network

Stricter rules prompt Norwegian asset managers to shift funds abroad

Managing director explains why Norway remains excluded from Invesco's portfolio

Danish FSA criticizes sustainable pension products