Nine Arrested in Sweden for Alleged Insider Trading Involving Fortnox and Tethys Oil
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 02 2025
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Source: Reuters
Insider Trading Investigation: Swedish police arrested nine individuals suspected of gross insider trading related to takeover bids for Tethys Oil and Fortnox, with allegations of coordinated trading based on leaked information.
Company Responses: Both Tethys Oil and Fortnox stated they had no knowledge of the investigation involving their current or former employees, while the involved firms have not been contacted by police regarding the matter.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
