Former Morrisons Head Fined Over Sale of Shares
Express & Echo (Exeter, UK) › August 17, 2011
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Summary
SIR Ken Morrison, the former head of Morrisons supermarkets, has been fined Pounds 210,000 for failing to reveal that he sold most of his shares in the chain.
The 79-year-old businessman, who spent more than 50 years turning the business into the UK's fourth largest supermarket chain, reduced his stake in the company from 6.38 per cent to 0.9 per cent after he stepped down as chairman in 2008.See the full content of this document
Extract
Former Morrisons Head Fined Over Sale of Shares
But he was fined by the Financial Services ...
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