20th Jan 2014 07:59
LONDON (Alliance News) - Paul Coyle, group treasurer of Wm Morrison Supermarkets PLC, was arrested in December after an insider-trading investigation by the UK Financial Conduct Authority, The Telegraph reported Monday.
The newspaper said Coyle, who also is Morrison's head of tax, was arrested on suspicion of buying shares in Ocado Group PLC before the two company's online partnership was announced in March.
Coyle, 49, has not returned to work since the arrest, the Telegraph said, and has yet to be charged.
http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10583059/Morrisons-treasurer-held-over-insider-deal.html
By Tom Waite; [email protected]; @thomaslwaite
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