Brazil’s securities regulator accused former Americanas SA chief executive officer Miguel Gutierrez and seven others of insider trading, alleging they improperly used privileged information before the disclosure of a major accounting scandal at the retail giant.
The country’s securities and exchange commission said in a statement late Friday that it gathered “robust” evidence supporting the allegations as part of an investigation that has now concluded. Gutierrez and the other executives will now have the chance to respond, it said.
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Publish date : 2024-10-19 06:40:00
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