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Professor at the Hebrew University will pay $850.000 for the use of insider information transaction Mobileye

Professor at the Hebrew University in Jerusalem, Ariel Darvasi reached an out of court agreement with the American management under the control over the securities market.

Darvasi been accused of using insider information to obtain illegal benefits in the amount of 427 thousand of dollars from the deal to buy Intel’s Israeli company Mobileye.

Under the deal, charges against Darvasi will be removed in exchange for payment of the fine in the amount of 850 thousand dollars.

Professor at the Hebrew University will pay $850.000 for the use of insider information transaction Mobileye 26.07.2017

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