Biotest AG: Former Biotest employee sentenced
News: Biotest AG / Key word(s): Legal Matter / PRESS RELEASE Former Biotest employee sentenced Dreieich, 14 July 2016. Today, the Landgericht Darmstadt (District Court Darmstadt, Germany) sentenced a former Biotest representative for Russia to imprisonment of 5 years and 9 months. According to the judgement of the court, the former employee is guilty of complicity in fraud and tax evasion in the years 2007-2011. Her husband was sentenced to imprisonment of 4 years and 6 months. The sentence is not yet final. An appeal to the Bundesgerichtshof (German Federal Court of Justice) is possible. The company had dismissed the former employee in 2013. Biotest AG is not a party in these proceedings. The sentence pertains neither to Biotest AG nor to any officials of Biotest. The company will await the written grounds for the verdict and evaluate possible next steps against the accused. Biotest had restructured its sales and distribution in Russia in January 2013. The company has since been cooperating with a big German pharmaceutical company. About Biotest IR contact PR contact Biotest AG, Landsteinerstr. 5, 63303 Dreieich, Germany www.biotest.de Ordinary shares: securities' ID No. 522720; ISIN DE0005227201 Disclaimer 2016-07-14 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English | |
Company: | Biotest AG | |
Landsteinerstraße 5 | ||
63303 Dreieich | ||
Germany | ||
Phone: | 0 61 03 - 8 01-0 | |
Fax: | 0 61 03 - 8 01-150 | |
E-mail: | investor_relations@biotest.de | |
Internet: | http://www.biotest.de | |
ISIN: | DE0005227235, DE0005227201 | |
WKN: | 522723, 522720 | |
Indices: | SDAX | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart | |
End of News | DGAP News Service |