Result due in insider trading case

THE High Court will this week deliver its ruling in the €85 million insider dealing claim brought by Fyffes against former shareholder DCC Group.

Result due in insider trading case
Mon, 19 Dec, 2005 - 00:00
Ian Guider

Ms Justice Mary Laffoy will deliver her ruling in the case on Wednesday.

Fyffes allege that DCC and its chief executive Jim Flavin (a non-executive director of the fruit importers) were in possession of price sensitive information when it sold a 10% stake in Fyffes over three days in February 2000.

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