Ken Morrison fined £210,000 for not disclosing share sales

Comments (0) | 17 Aug 2011 | Rating | Print by Tim Human

Former chairman of supermarket group says he was not aware of the rules

Ken Morrison, the former chairman of Wm Morrison Supermarkets, has been handed a hefty fine by the UK financial watchdog for his failure to disclose share sales.

The Financial Services Authority (FSA) fined Morrison £210,000 ($348,000) after he reduced his holding during 2008 and 2009 from 6.38 ...

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