Brief: Subgen AI To Appeal Court Verdict Upholding SEK 12 Mln Regulatory Fine
25/06/2026 06:21
BRIEF-Subgen AI To Appeal Court Verdict Upholding SEK 12 Mln Regulatory Fine June 25 (Reuters) - Subgen AI AB SUBGEN.ST:
SAID ON WEDNESDAY DECIDES TO APPEAL ADMINISTRATIVE COURT VERDICT TO ADMINISTRATIVE COURT OF APPEAL
VERDICT BEING APPEALED UPHELD SEK 12 MILLION FINE IMPOSED BY SWEDISH FINANCIAL SUPERVISORY AUTHORITY
FINE WAS IMPOSED IN JUNE 2025 FOR VIOLATIONS OF EU MARKET ABUSE REGULATION
FINE WAS ISSUED AGAINST MAGNASENSE, PREVIOUS NAME OF SUBGEN AI
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Further company coverage: SUBGEN.ST
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