Atea Denmark ordered by district court to pay penalty of 10 million Danish kroner
With reference to previous stock exchange notices with the latest notice on April 9, 2018, Atea A/S (Atea Denmark) has been under prosecution as the legally responsible entity for bribery and embezzlement carried out by four former leading employees during a period between 2009-2014. Under Danish law, a company can be held legally responsible for actions undertaken by employees. The district court of Glostrup began hearing the case on October 10, 2017, and announced its verdict yesterday evening, June 27, 2018. The court has found all of the former leading employees in Atea to be