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Cherry CEO arrested under suspicion of insider trading

22nd May 2018 2:28 pm GMT

Stockholm-listed gaming operator Cherry has confirmed that its chief executive Anders Holmgren has been arrested on suspicion of insider trading.

The operator has been informed by the Swedish Economic Crime Authority that an investigation into share trading by Holmgren has been launched.

This saw the CEO arrested at the company's offices during a search of the premises by the Authority earlier today (Tuesday May 22nd). Those convicted of insider trading in Sweden can be jailed for up to six years.

"Cherry will [...]

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