Rollén: hedge funds digging dirt

In an interview with Dagens Industri (DI), Hexagon’s CEO Ola Rollén discusses the reality of his trial for insider trading, calling it a “cruel world”.

He tells DI that hedge funds have commissioned private detectives to interview fired employees to find dirt on him. “However the silver lining is that they found nothing,” he adds.

He says, “There has been a lawyer for five weeks at the back of the court. Who do you think he represents? It is a hedge fund. It is an unbelievable game around this, and it is not me they are out after, but they want to get ahead with information and make money on falling Hexagon shares.”

He did not speculate on the outcome of the trial, which will become clear in January.

All cleared in Saab case

The verdict of Vänersborg district court was a success for all seven accused in the Saab trial into financial crimes. All, including chair of the board of Saab Victor Muller and CEO Jan Åke Jonsson, were acquitted of all charges.

Lawyer defending head lawyer Kristina Geers, Per E Samuelsson, says that the verdict is not a surprise and he is strongly critical of the process. “It is not rational to spend so much time and resources on something that interferes so much with so many individuals when there is no crime,” he says and assesses that it cost taxpayers over 10 million kronor.

Head prosecutor Olof Sahlgren says that he did not expect this outcome.