ZURICH (Reuters). The Swiss Financial Market Supervisory Authority has found violations of the market conduct rules of Blackstone Resources AG (NYSE:) and one of its directors. This was announced Tuesday by the watchdog.

“It found market manipulation and violations of disclosure obligations,” it said in a statement https://www.finma.ch/en/news/2022/04/20220412-mm-blackstone, adding that Blackstone Resources and one of its directors had inadmissibly influenced the company’s share price repeatedly since its listing. The decision of FINMA was subject to appeal.