Friday August 14, 2020

Under pressure

Jim Flavin of DCC faces an extremely uncomfortable few months following the Supreme Court’s decision that he possessed price-sensitive information when selling his Fyffes shares seven years ago.

28th July, 2007

Jim Flavin of DCC faces an extremely uncomfortable few months following the Supreme Court’s decision that he possessed price-sensitive information when selling his Fyffes shares seven years ago.

The decision by the Supreme Court that Jim Flavin had price-sensitive information when he sold shares in Fyffes in February 2000 came as a massive blow to the DCC chairman.

Aside from the embarrassment of being found to have acted in contravention of civil insider trading...

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