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Elisa Oyj Announces Jippii Trial Verdict with No Sanctions to Company

Friday, 21 Dec 2012 02:00am EST 

Elisa Oyj announced that The Court of Appeal of Helsinki has rendered its verdict in the proceedings concerning the stock exchange disclosures of the Jippii Group in 2001. The prosecutor demanded a corporate fine of EUR 800,000 and a forfeiture of approximately EUR 215,000 for Saunalahti Group Oyj. Saunalahti Group Oyj has merged into Elisa Corporation on 2011. In its verdict the Court of Appeal rendered no corporate fine or forfeiture to Elisa Corporation. 

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