German watchdog to probe Premiere
April 14, 2009
German financial watchdog Bafin has launched a probe into possible insider trading and market manipulation involving shares in German pay-TV broadcaster Premiere.
The investigation focuses on trades that may be related to a correction of Premiere subscriber numbers last year, a Bafin spokeswoman said. Premiere also confirmed that the probe was under way but declined further comment while the investigation goes on.
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