Biometrics Company Fingerprint Cards has some really good weeks behind. The company has raised sales forecast from 1 billion to 1.5 billion, and several large deals have been presented. The share is now trading above 90 dollars per share.
It was different in the fall when the notice of raid against Fingerprints headquarters had the course to rage. Suspecting a rough insider offenses directed against the company’s CEO Johan Carlström and also against another person who previously sat on the Board. Shares plummeted on the Stockholm Stock Exchange during the 30 crowns.
Since last autumn Jorgen Lantto has been acting president pending the criminal investigation against Johan Carlström should be done. It is shortly. On Monday came the news that Johan Carlström now leaving his position as CEO of Fingerprint and instead work with business development within the company. In connection with the AGM, he left even the board of biometrics company.
The prosecutors suspect Johan Carlström earned a seven-digit sum on inside information. Johan Carlström would not comment on the information.
– You can take it with Urban (Chairman Urban Fagerstedt, editor’s note). I have no comment, other than what is stated in the press release, he says to SvD Business.
How do you see the criminal suspicions against you?
– I has no comments.
Once a lawsuit is filed to the District Court is also the investigation public. In the Economic Crimes Bureau investigation is information on insider information that the suspects according to the prosecutors should have acted on.
Fingerprint Cards is now afraid to company secrets will be made public and that anyone should be able to take it of the data with reference to the Swedish principle of public access. Company representatives have therefore visited the prosecutor to convince them to sekretesstämpla parts of the preliminary investigation.
– It is quite rare that it happens and really prevails investigation secrecy of the data. But we have wanted to meet the company because they are worried that it will come out sensitive data. The company conducts business and we have a criminal investigation, but we have to compromise and meet, says prosecutor Pontus Hamilton.
The prosecutors suspect that Johan Carlström has acted on its own and not with anyone else. Four people suspected in the Economic Crimes Bureau investigation, two of which are directly linked to the company.
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