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Rallye, parent company of Casino, announces that it is filing an appeal against the fine imposed by the AMF

Rallye, Casino's parent company, announced in a press release on Monday that it had filed an appeal against the decision of the Financial Markets Authority (AMF) which imposed a fine of 25 million euros on it last week.

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Rallye, parent company of Casino, announces that it is filing an appeal against the fine imposed by the AMF

Rallye, Casino's parent company, announced in a press release on Monday that it had filed an appeal against the decision of the Financial Markets Authority (AMF) which imposed a fine of 25 million euros on it last week.

The French stock market watchdog accuses Rallye of having “disseminated false or misleading information likely to set the price of Rallye shares at an abnormal or artificial level”. The general director of Rallye Franck Hattab is also the subject of a fine of 1 million euros.

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