Pie Medical insider trading probe stepped up:
This article was originally published in Clinica
An investigation into insider trading in shares of Pie Medical has been stepped up. The Netherlands Securities Board STE has asked the supervisory bureau of the Amsterdam stock exchange to identify those trading in the shares. Last August, Pie Medical's shares soared in unusually heavy trading and forced Pie and Philips publicly to confirm merger talks. In November, Philips acquired Pie (see Clinica No 680, p 12).