Bloomberg News

Austrian Court Confirms Ex-OMV CEO’s Insider Trading Acquittal

January 12, 2012

Jan. 12 (Bloomberg) -- Former OMV AG Chief Executive Officer Wolfgang Ruttenstorfer had his acquittal of insider trading confirmed by an appeals court in Vienna today.

Austria’s Higher Regional Court upheld that Ruttenstorfer, 61, didn’t deliberately use inside information to buy shares of the company a week before a major divestment.

To contact the editor responsible for this story: Zoe Schneeweiss at zschneeweiss@bloomberg.net


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