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Browse: Home / 2017 / September / 15 / JBS boss Wesley Batista arrested on insider trading charges

JBS boss Wesley Batista arrested on insider trading charges

By Securities Docket on September 15, 2017, 7:13 am

According to the Brazilian police, the insider trading amounted to $44 million. It has been alleged that the brothers sold shares in their company ahead of the bribery allegations coming to light, knowing that shares would fall. If they are found guilty of these charges, they would be the first people in Brazil jailed for insider trading.

via JBS boss Wesley Batista arrested on insider trading charges

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Posted in Global, Top | Tagged Brazil

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