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Hexagon's CEO Rollen found not guilty of insider trading

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Reuters OSLO
Last Updated : Jan 10 2018 | 11:45 PM IST

OSLO (Reuters) - Hexagon's chief executive, Ola Rollen, has been found not guilty of insider share trading, an Oslo court said on Wednesday.

Prosecutors had asked for an 18-month prison term for Rollen's 2015 purchase of shares in Norway's Next Biometrics, a transaction which did not involve Hexagon.

One of Sweden's best known business leaders, Rollen had maintained his innocence throughout the trial. Prosecutors can still appeal the verdict to a higher court.

(Reporting by Terje Solsvik and Joachim Dagenborg; Editing by Elaine Hardcastle)

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First Published: Jan 10 2018 | 11:38 PM IST

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