Israeli Businessman Nochi Dankner Found Guilty of Stock Manipulation
Jasmin Gueta, 04 July 2016
Nochi Dankner, who was for a decade one of the most powerful business tycoons in Israel, was found guilty on Monday of stock manipulation and other securities-related offenses.
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In a 280-page decision, Judge Khaled Kabub of the Tel Aviv District Court found Dankner guilty of all the charges that had been brought against him, which centered on his manipulating the share price of his publicly traded IDB Holding Corporation ahead of a secondary offering of its shares in February 2012. Dankner consistently denied any wrongdoing. Continue reading “Article: Israeli Businessman Nochi Dankner Found Guilty of Stock Manipulation”
