On Monday, 26 September 2011, one of Vinge’s associates was arrested by officers from the Swedish Economic Crime Authority on suspicion of offences relating to the insider legislation. Vinge has conducted its own investigation concurrently with the pending criminal investigation as a result of which it transpired that the employee has committed serious breaches of Vinge’s internal rules governing trading in financial instruments. The employee will thus be summarily dismissed.
“We view this situation extremely seriously and have thus chosen to act expeditiously and independently. What has occurred is unacceptable conduct by a Vinge employee, quite irrespective of the outcome of the criminal investigation and any criminal proceedings. Vinge is co-operating fully with the Economic Crime Authority’s investigation” says Michael Wigge, Vinge’s Managing Partner.
For further information please contact:
Anna Rasin, Head of Marketing and Communications
Mobile no.: +46 (0) 70 714 3029