The Court concluded that Rollén did not have inside information when he, in October 2015 and on behalf of the investment company Greenbridge, purchased shares in the Norwegian listed company Next.Īttorneys Christian B. The Oslo City Court has today acquitted Ola Rollén of Økokrim’s accusations of insider trading. I remain committed to serving as CEO for Hexagon for as long as the Board and shareholders will allow.”īelow is the press release issued by Ola Rollén’s defense team: It’s humbling to work for a company that’s able to handle adversity with such grace and poise. “I am truly grateful to our shareholders and employees for the support expressed to me during this tough period. “I am relieved by the court’s verdict, confirming what I and my lawyers have stated from the beginning that I did nothing wrong.” said Ola Rollén. In hindsight, this has proven to be the right strategy for Hexagon and its shareholders.” Gun Nilsson, Hexagon’s Chairman of the Board, said “We applied the most fundamental of principles in handling this difficult situation – innocent until proven guilty by a court of law. However, it remains profoundly disappointing that a proper assessment of the case was not made at an earlier point in time by the relevant Norwegian authorities.” (For further info, see press release issued by Ola Rollén’s defense team below.) Hjort commented on the verdict, stating “We expected an acquittal from the start and are of course satisfied that the charges brought against Ola were dismissed by the Court. Thus, all activities carried out by Rollén were according to normal procedures in the marketplace and not based on any insider information.Īttorney Christian B. Rollén’s lawyers made one thing very clear from the beginning – the charges were based on a misinterpretation of the factual and legal issues in the matter. The Oslo City Court found Rollén not guilty, rejecting all charges of insider trading – a vindication for Rollén who has firmly denied any wrongdoing. Janu– Ola Rollén, Hexagon’s President and CEO, was acquitted today from the insider trading allegations by the Norwegian economic crime authority (Økokrim). Ola Rollén, Hexagon’s President and CEO Credit: Hexagon AB
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