Former site manager found guilty of insider trading
A former site manager at an East Midlands-based plastics giant has been found guilty of two offences of insider dealing following an eight-week trial at Southwark Crown Court in a prosecution brought by the Financial Conduct Authority (FCA).
Stuart Bayes was employed as a site manager at Rushden plastic manufacturer, RPC Group. While working there he obtained confidential information, known as "inside information", that RPC were about to announce the acquisition of British Polythene Industries (BPI).
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