Investigations into whether Jesper Baernholdt, Carlsberg’s former chief financial officer, passed on company information, which led to the Danish company being reprimanded by the Copenhagen Stock Exchange, has led to the ex-CFO being fined DKr20,000 (US$2,649). The investigation was held after allegations some analysts were given information before the official release of Carlsberg’s 2002 results.
DENMARK: Carlsberg CFO fined for market breach
Investigations into whether Jesper Baernholdt, Carlsberg's former chief financial officer, passed on company information, which led to the Danish company being reprimanded by the Copenhagen Stock Exchange, has led to the ex-CFO being fined DKr20,000 (US$2,649). The investigation was held after allegations some analysts were given information before the official release of Carlsberg's 2002 results.