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Financial authorities reject Wolff inside trading allegations as 'no evidence found' of wrongdoing
Article To news overview © Mercedes Financial authorities have found no evidence of wrongdoing after Mercedes Team Principal Toto Wolff's purchase of shares in Aston Martin last year. Wolff purchased shares in Aston Martin Lagonda in April 2020, a 4.77 percent stake that was diluted to 0.95 percent due to rights issuance. The Austrian's purchase was made four months after Lawrence Stroll, a Canadian businessman and head of the Racing Point consortium that purchased the former Force India team in 2018, initially invested in Aston Martin, and a month after Stroll purchased 25 percent of the car company's stock. Wolff's purchase was also made in the same month that the company announced it...
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2y ago from RacingNews365.com
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