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EADS finance director questioned in insider trading probe: report
AFP, July, 2008
BERLIN (AFP) — The financial director of European aerospace giant EADS, Hans-Peter Ring, has been questioned as a witness in connection with a French probe into alleged insider trading in the group's shares, a German press report said Monday.
Ring told the Financial Times Deutschland he was not a suspect in an affair that has focused on more than a dozen current and former executives of the European Aeronautic Defence Space Company.
They are suspected of having sold EADS stock before problems emerged with the Airbus A380 super jumbo jet in June 2006. Reports of delivery delays caused shares in EADS, the Airbus parent, to plunge on the stock market.
Ring was questioned two or ...