Ubisoft executives fined €1.2m for alleged insider trading

[Administrator]

Five Ubisoft executives, including Ubisoft Montreal CEO Yannis Mallat, are in hot water after the french stock market regulatory commission Autorité des marchés financiers (AMF) has fined the employees a cumulative total of over €1.2m.
As reported by Kotaku, the AMF alleges that the five executives intentionally sold mass amounts of stock in early October 2013, mere days before the announcement that Watch Dogs and The Crew were being delayed until 2014. Following the slip in schedule, Ubisoft stock dropped by roughly 26 per cent.
The breakdown of the executive's fines are as follows:
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