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Investing.com -- SoftwareOne said on Wednesday that authorities conducted searches at its offices in Leipzig, Germany and Stans, Switzerland as part of an investigation into potential insider-trading violations involving five non-executive current or former employees.
The Swiss technology firm emphasized that it is not accused of any wrongdoing and is fully cooperating with authorities in the investigation.
SoftwareOne (SIX:SWON) released its statement after Swiss prosecutors announced that searches had been carried out in Switzerland, Germany and Britain. The prosecutors’ announcement mentioned searches at the residences of the accused individuals and at several company locations over suspected insider trading, but did not specifically name SoftwareOne in their statement.
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