Insider Trading Siblings Used Lockdown to Make £1 Million

Before the market opened on Feb. 4, 2020, traders were watching Swiss testing company SGS SA, waiting for its shares to drop.

Overnight it had been announced that the Von Finck family were going to sell 2.3 billion francs ($2.8 billion) of their holding. That’s a huge chunk of stock for buyers to absorb, and the price fell the most in nearly five years.