TheNewsRoom | AIRBUS INVESTORS GRILLED OVER STOCK OPTIONS

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AIRBUS INVESTORS GRILLED OVER STOCK OPTIONS

May 29, 2007

A French newspaper alleged Tuesday that top managers at Airbus parent company EADS knew about delays in aircraft production when they sold their stock options in March 2006, shortly before Airbus shares crashed when the delays were made public. Also Tuesday, the French financial market regulator questioned EADS co-chairman Arnaud Lagardere as part of its investigations into the share sale. Voiced report.