News Details
Wolff reportedly under probe for insider trading!
Toto Wolff is reportedly under scrutiny by British stock market authorities for potential insider trading following the Austrian's purchase of shares in Aston Martin Lagonda in April 2020. The Mercedes F1 boss acquired a stake of just under 5% in Aston Martin, the legendary sportscar manufacturer controlled by Canadian billionaire Lawrence Stroll, a holding that was later reduced to 0.95% following a rights issue that was done by the company. According to Canada's Journal de Montreal, BaFin, the German stock market regulatory body, conducted in November 2020 an investigation into Wolff's transaction. BaFIn then transferred the case to the UK's Financial Conduct Authority as the shares had...
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