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FINMA Closes Investigation Into Suspending Voting Rights At LifeWatch AG


Thursday, 4 Jul 2013 04:10am EDT 

LifeWatch AG announced that Swiss Financial Market Supervisory Authority FINMA has closed its investigations into suspending voting. In May 2013, LifeWatch Ltd had notified the Swiss Financial Market Supervisory Authority FINMA about suspected violations of reporting obligations. It had also requested FINMA to suspend voting rights and impose an acquisition ban. FINMA has come to the conclusion that in none of the instances investigated were there grounds for suspending voting rights and imposing an acquisition ban. FINMA has thus closed its investigations into this matter. LifeWatch's Board of Directors will analyze the situation and take the appropriate actions.