Erscheinung:07.04.2022, Stand:updated on 06.07.2023 | Topic Measures Softing AG: BaFin imposes administrative fine
On 30 March 2022, BaFin imposed an administrative fine amounting to 150,000 euros on Softing AG.
The sanction related to a breach of the first subparagraph of Article 17 (1) of the Market Abuse Regulation (MAR). Softing AG failed to publish inside information without undue delay.
The company may lodge an appeal against the administrative fine order.
Update (20.04.2022):
On 19 April 2022, the company lodged an appeal against the administrative fine order.
Update (06.07.2023):
The outcome of the oral hearing was a judgment imposing a fine of 150,000 euros on Softing AG. The judgment was issued by the Frankfurt am Main Local Court (Amtsgericht Frankfurt am Main) on 17 November 2022 following a discussion of the facts of the case and the legal situation. The judgment is final and binding.
