The "Farmers Insurance News-Alert" website is dedicated to providing the consumer and general public with detailed information concerning the Farmers Insurance Group. This includes fraud reports, consumer complaints, lawsuit's and other legal actions taken against this company. All information contained herein is for educational purposes only. Original sources, when known are sited.
|Zurich, June 19 1999
An insider-trading investigation of Markus Rohrbasser, Zurich
Financial Services' former chief financial officer, has been completed and the results
will probably be made public at the beginning of next month, Tages Anzeiger reported,
citing the Zurich district attorney. Rohrbasser, who resigned from Europe's fourth-largest
insurer in October, has said that four transactions ranging between 100,000 Swiss francs
($73,730) and 200,000 Swiss
Christian Weber, Zurich's district attorney, also told the Swiss
newspaper that he has completed an insider-trading investigation relating to suspicious
share-price movements before a reorganization of Credit Suisse Group, Europe's No. 6 bank.
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