2024-03-22
First person convicted of insider trading in history of State avoids jail
Stage: Sentence
Plea: Guilty
Outcome: She today suspended the sentence in full. 63-year-old Service had pleaded guilty to engaging in insider dealing on dates between May 18 and 22, 2020, when he used sensitive market information to sell shares before that information was made public.; The defendant, of Sunnyvale Avenue, Portrush, Co Antrim, was fined £60,000 last December and was told he faced a potential term of imprisonment of 18 months upon finalisation of his sentence this month.