Financial Times FT.com

Court confirms Soros insider trading verdict

PARIS, March 24 (Reuters)

A French appeals court on Thursday confirmed a conviction of U.S. billionaire George Soros for insider trading and a 2.2 million euro ($2.87 million) fine.

Hungarian-born Soros had appealed a French court’s 2002 decision which found him guilty of using insider information regarding a failed 1988 corporate raid on bank Societe Generale to make $2 million on the company’s stock.

george soros

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