Swiss Economicblogs.org
The culprit was a head of strategy at Roche, which is headquartered in Switzerland at the Roche tower in Basel. The US Securities and Exchange Commission (SEC) has fined Lorenz Erne, a former senior executive at Swiss pharmaceutical firm Roche, for insider trading and ordered him to pay back the ill-gotten profits. Erne accepted the accusations and agreed to the terms of a settlement with the SEC, according to an SEC documentexternal link published on Thursday....
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