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British regulator charges former Morrisons treasurer with insider dealing

Mon, 29th Sep 2014 13:50

LONDON, Sept 29 (Reuters) - Britain's Financial ConductAuthority (FCA) has charged the former treasurer and head of taxat Morrisons, the country's No. 4 grocer, with insiderdealing, it said on Monday.

The financial watchdog said Paul Coyle has been charged withtwo offences contrary to Section 52(1) of the Criminal JusticeAct 1993. The offences relate to trading in the shares of onlinegrocer Ocado between February and May 2013, the FCAadded. (Reporting by James Davey; editing by Kate Holton)

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