DX Group – approaching two years corporate governance shambles “concluded”… Or is it?
By Steve Moore | Tuesday 20 September 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
DX Group (DX.) has announced that an “investigation identified evidence that confidential competitor information was obtained over a period of time and that an isolated offer of payment (of de minimis financial amount) for such information had been made by employees”... but that still there was the internal “investigation being curtailed and information flows restricted. Insufficient disciplinary action was taken”! Shocking stuff...and now what’s the result?
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism
Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.