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EADS execs on trial for alleged insider trading

Published: November 23, 2009 8:06 AM
By The Associated Press  NICOLAS VAUX-MONTAGNY (Associated Press Writer)

Quick ReadAirbus parent EADS on trial before French regulators over alleged insider trading

PARIS (AP) — Seventeen executives at Airbus parent company EADS went on trial Monday for allegedly making millions in profits on the back of their company's troubles with the delayed A380 superjumbo project.

The current and former officials are accused by French stock market regulators of insider trading as they sold stock options before the planemaker announced a big production delay that...

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