(CercleFinance.com) – Rallye announces that it has filed an appeal against the decision of the Sanctions Commission of the Financial Markets Authority (AMF) rendered on September 7, 2023.
In its decision of September 7, 2023, the Commission imposed a financial penalty of 25 million euros against the company Rallye, and against Mr. Franck Hattab a financial penalty of 1 million euros. for having disseminated false or misleading information likely to set the price of Rallye shares at an abnormal or artificial level.
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