Reuters: Global Markets: Celltrion tumbles on report of probe into unfair share trade

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Celltrion tumbles on report of probe into unfair share trade Sep 16th 2013, 00:20 SEOUL | Sun Sep 15, 2013 8:20pm EDT SEOUL (Reuters) - Shares in South Korean bio-pharmaceutical firm Celltrion (068270.KQ) tumbled 14 percent on Monday after reports that financial regulators had met on Friday to discuss allegations of unfair share trade by its chief executive. Korean broadcaster SBS CNBC said in an unsourced report that financial regulators had made a preliminary conclusion in the matter regarding Celltrion CEO Seo Jung-jin. The Financial Supervisory Service declined to comment.

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