Watsa in Insider Trading Probe

[BargainValueHunter]

http://www.bloomberg.com/news/2014-08-01/fairfax-ceo-watsa-probed-by-regulator-in-trading-review.html

 

Fairfax Financial Holdings Ltd. (FFH) said Quebec’s securities regulator is investigating Chief Executive Officer Prem Watsa and President Paul Rivett as part of a probe into possible insider trading.

 

The Autorite des marches financiers is looking into whether there was “illegal insider trading and/or tipping (not involving any personal trading by the individuals) in connection with a Quebec transaction,” the insurer said in a filing yesterday. The Toronto-based company said it was cooperating with authorities and prohibited by law from disclosing further details.

[fareastwarriors]

http://online.wsj.com/articles/fairfax-financial-under-investigation-for-alleged-insider-trading-1406909877?tesla=y&mod=WSJ_business_IndustryNews_DLW&mg=reno64-wsj

 

 

Fairfax Financial Under Investigation for Alleged Insider Trading

 

Fairfax Financial Chief Executive Prem Watsa Cooperating With Probe