January 10, 2018 / 5:39 PM / in 10 months

Hexagon's CEO Rollen found not guilty of insider trading

OSLO, Jan 10 (Reuters) - Hexagon’s chief executive, Ola Rollen, has been found not guilty of insider share trading, an Oslo court said on Wednesday.

Prosecutors had asked for an 18-month prison term for Rollen’s 2015 purchase of shares in Norway’s Next Biometrics , a transaction which did not involve Hexagon.

One of Sweden’s best known business leaders, Rollen had maintained his innocence throughout the trial. Prosecutors can still appeal the verdict to a higher court. (Reporting by Terje Solsvik and Joachim Dagenborg; Editing by Elaine Hardcastle)

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