Original title: Swedish Police Make Arrests Over Trading in Fortnox, Tethys
Nine people in Sweden have been arrested on charges of insider trading connected to the takeover offers for online accounting firm Fortnox AB and energy company Tethys Oil AB, a spokesperson for the authorities said by phone. The nine individuals arrested allegedly traded on non-public information during this spring and the fall of 2024, according to a statement by the country’s Financial Crime Authority.