Report: Airbus exec charged with insider trading

Published 11:55 am Friday, December 10, 2010

Airbus’s John Leahy, chief operating officer, has been charged by a Paris judge with insider trading, according to Bloomberg News.

Erik Pillet, former human resources director for EADS, Airbus’ parent company, was also charged.

Several EADS and Airbus executives have been investigated in relation to a fall in the company’s shares in 2006 as Airbus prepared to delay its A380 superjumbo jet.

Here’s the Reuters on the investigation as well.