Shares in vapes business Chill Brands have been suspended amid an ongoing insider trading investigation into its boss.
Chill Brands suspended its CEO Callum Sommerton in April as it launched an internal investigation “after allegations were raised around the use of inside information”. It is also undertaking a second internal probe, into “a number of commercial arrangements that the Company has entered into connected to its UK vape business”. The investigations are being run by top law firm Freshfields Bruckhaus Deringer.
