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2023-09-18T17:36:44.078Z
Highlights: French stock market watchdog accuses Rallye of having "disseminated false or misleading information likely to set the price of the Rallye share at an abnormal or artificial level" Rallye, parent company of Casino, announced Monday in a statement that it had filed an appeal against the decision of the Autorité des marchés financiers (AMF) which imposed last week a fine of 25 million euros. Rallye CEO Franck Hattab is also subject to aFine of 1million euros.
The French stock market watchdog accuses Rallye of having "disseminated false or misleading information likely to set the price of the Rallye share at an abnormal or artificial level".
Rallye, parent company of Casino, announced Monday in a statement that it had filed an appeal against the decision of the Autorité des marchés financiers (AMF) which imposed last week a fine of 25 million euros.
The French stock market gendarme accuses Rallye of having "disseminated false or misleading information likely to fix the price of the Rallye share at an abnormal or artificial level". Rallye CEO Franck Hattab is also subject to a fine of 1 million euros.
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