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Swiss authorities raid SoftwareOne over alleged insider trading

Five individuals alleged to have exploited confidential and price-sensitive information

Doug Woodburn and Oxygen staff by Doug Woodburn and Oxygen staff
4 December 2025
in Business, News, Partner
Swiss authorities raid SoftwareOne over alleged insider trading

Image by Sergei Tokmakov, Esq. https://Terms.Law from Pixabay

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SoftwareOne has confirmed its offices in Stans and Leipzig were searched on Tuesday over alleged insider trading among five current or former staff.

The Office of the Attorney General of Switzerland (OAG) yesterday said it is conducting criminal proceedings against “five individuals” who are alleged to have exploited confidential and price-sensitive information.

Although not naming SoftwareOne, the OAG described the firm as a “listed international Swiss company” operating in the IT sector.

The alleged insider trading took place in Switzerland, Germany and the UK, it said.

The five individuals are accused of each selling large quantities of the company’s shares ahead of two press releases issued in 2024.

Simultaneous searches were carried out in the three countries at the private residences of the accused individuals and at several company locations, the OAG said.

“The OAG suspects that the accused individuals exploited the confidential information (insider trading) contained in the media releases to sell the shares at the right time, thereby allegedly avoiding financial losses of up to CHF 2.49 million. The presumption of innocence applies to all the accused individuals,” it stated.

In a media statement also issued yesterday, SoftwareOne repeated the OAG’s emphasis that the company itself is not accused of any wrongdoing.

“On Tuesday, 2 December 2025 searches were conducted at SoftwareOne’s offices in Stans, Switzerland and Leipzig, Germany,” SoftwareOne stated.

“These measures are connected to investigations into five non-executive current or former employees for potential insider-information violations. The presumption of innocence applies.”

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