Finance
Former and current SoftwareOne staff targeted by insider trading probe
Published by Global Banking & Finance Review®
Posted on December 8, 2025
2 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 8, 2025
2 min readLast updated: January 20, 2026
Swiss firm SoftwareOne faces an insider trading probe involving five employees. The investigation spans Switzerland, Germany, and Britain, with suspects allegedly avoiding losses of $3.11 million.
ZURICH, Dec 3 (Reuters) - Swiss technology firm SoftwareOne said on Wednesday searches were conducted at its offices in Leipzig, Germany and Stans, Switzerland linked to a probe into five non-executive current or former employees for potential insider trading violations.
SoftwareOne made its statement after Swiss prosecutors said searches were carried out in Switzerland, Germany and Britain in a probe into five individuals at a Swiss technology company over suspected insider trading.
Residences and company offices were searched, they said.
The Swiss attorney general's office, or OAG, did not name the company, but said all five suspects were believed to have held senior positions at the firm during the relevant period.
Prosecutors allege that in 2024, the five each sold large quantities of the company's shares before it published two pre-market press releases that negatively impacted its stock price.
The OAG alleges the five suspects exploited the confidential information in the releases and thus avoided financial losses of up to 2.49 million Swiss francs ($3.11 million).
SoftwareOne, which is based in Stans, and the OAG said the company itself is not accused of wrongdoing.
The firm said it is fully cooperating with authorities.
($1 = 0.7998 Swiss francs)
(Reporting by Oliver HirtWriting by Dave GrahamEditing by Ludwig Burger)
Insider trading refers to the buying or selling of a publicly-traded company's stock based on non-public, material information about the company. It is considered illegal and unethical as it violates the principle of transparency in the financial markets.
Compliance in finance refers to the adherence to laws, regulations, and guidelines that govern financial institutions and their operations. It ensures that companies operate within legal frameworks to prevent fraud and maintain integrity in the financial system.
Financial crimes are illegal activities that involve the deception of individuals or institutions for financial gain. This includes fraud, money laundering, and insider trading, which undermine the integrity of financial markets.
A financial investigation is a process used to examine financial records and transactions to uncover fraud, embezzlement, or other financial crimes. It often involves forensic accounting techniques to trace illicit activities.
A technology firm in finance, often referred to as a fintech company, leverages technology to provide financial services, improve efficiency, and enhance customer experiences in areas like payments, lending, and investment management.
Explore more articles in the Finance category
