четверг, 15 марта 2012 г.

Irish probe clears DCC execs of share-sales crimes

Directors and other officers at DCC, an Irish industrial holding company embroiled in the country's biggest insider-trading scandal, broke no corporate laws and should not be barred from operating businesses, a state investigator ruled Tuesday in a surprise verdict.

The judgment from Dublin High Court fact-finder Bill Shipsey could end the nearly decade-old legal battle over ethics at DCC. Last year the Dublin-based multinational agreed to pay back more than half of its profits from a 2000 sale of shares in Irish fruit importer Fyffes _ right before the stock plunged.

The latest investigation was authorized after the Supreme Court in 2007 found DCC and its …

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