Financial watchdog launches investigation into Interserve

Interserve

The probe centres on the firm’s exit from the energy from waste market

Interserve is facing investigation from the Financial Conduct Authority about the handling of its exit from the energy from waste business.

The financial watchdog is investigation concerns about the way Interserve disclosed information over a seven month period.

An announcement to the stock exchange said: “Interserve Plc has received a formal notice that it has been referred to the Enforcement Division of the Financial Conduct Authority for investigation in connection with the Company’s handling of inside information and its market disclosures in relation to its exited energy-from-waste business during the period from 15 July 2016 to 20 February 2017.

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