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EM.TV Execs Charged With Price Manipulation

November 07, 2001|Associated Press

German prosecutors said they have charged the founder and the former chief financial officer of EM.TV, the German media company that bought the Muppets and Formula One racing, with share price manipulation.

Thomas Haffa, the company's founder who quit as chief executive in July, and his brother Florian, the former finance chief, are accused of knowingly publishing false corporate earnings in August 2000, prosecutors said.

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