A 47-year-old German man has been arrested on suspicion of insider trading on upcoming M&A deals, one of five suspects who generated millions of euros between 2017 and 2021, Frankfurt prosecutors and German regulators said on Thursday.
The authorities said they had been conducting an investigation since November 2021, and that they carried out multiple searches this week and last in Germany, Britain and Austria, seizing evidence that is now being evaluated.
Source: Germany arrests man for suspected M&A insider trading; four other suspects | Reuters