News

03 July 2013
News

FINMA closes investigations into suspending voting rights at LifeWatch

Lifewatch Ltd had notified the Swiss Financial Market Supervisory Authority FINMA about suspected violations of reporting obligations. It had also requested FINMA to suspend voting rights and impose an acquisition ban. Following detailed investigations and a thorough examination of the matter, FINMA has come to the conclusion that in none of the instances investigated were there grounds for suspending voting rights and imposing an acquisition ban. FINMA has thus closed its investigations into this matter.