The Financial Markets Authority (FMA) is bringing high court action against two people for alleged insider trading relating to the sale of Pushpay shares, Newshub reports. Insider trading involves the buying and selling of shares in a listed company by someone with access to material information about the firm that has not been made public. One individual faces a criminal charge, which had been filed in the Auckland District Court, and both individuals will face civil proceedings in the Auckland High Court.
Recent Comments