Fincantieri’s stock price more than recovered its losses in the month following the suicide of its president
The investigation may still be ongoing:
Meanwhile, the Rome prosecutor’s office has opened a investigation file. The prosecutors, as happens in these cases, proceed with the hypothesis of crime of incitement to suicide, as a necessary act to be able to carry out the necessary investigations. The investigations are entrusted to the Carabinieri.
https://pledgetimes.com/fincantieri-president-graziano-found-dead-suicide-is-among-the-hypotheses/
The Carabinieri is a police organization which is part of Italy’s military.
Financial Times has a shorter article with better English: https://www.ft.com/content/9ab96ded-9656-40b5-94c3-d1acd4fb5e74
A view of the initial drop, and then recovery, in Fincantieri’s share price since his death can be generated by setting the graph on the right to show “2 months”: https://www.marketscreener.com/quote/stock/FINCANTIERI-S-P-A-16796084/news/Fincantieri-president-Claudio-Graziano-has-died-46985836/
A suicide note mentioned the company president’s grief over his departed wife. Media reports about the note do not describe the note as referencing corruption.
Fincantieri’s operations in Italy have been alleged to be corrupt: https://www.defensenews.com/naval/2018/07/12/governments-receive-plans-for-industrial-tie-up-between-fincantieri-naval-group/
The following two articles give more information, and are in French, both from 2018:
This article gives allegations of corruption, with a report from ADIT, https://www.adit.fr/, leaked to the press in order to bolster the case for keeping Fincantieri out of French shipyards: https://www.latribune.fr/entreprises-finance/industrie/aeronautique-defense/fincantieri-une-liaison-tres-tres-dangereuse-pour-naval-group-1-2-784823.html
Fincantieri denied the allegations: https://www.latribune.fr/entreprises-finance/industrie/aeronautique-defense/fincantieri-dement-les-soupcons-de-corruption-reveles-par-l-adit-et-rendus-public-par-la-tribune-785137.html
Another article from 2022 relates a defamation lawsuit filed by Fincantieri against La Tribune. It was written in French, but is Google translated into English: https://www-challenges-fr.translate.goog/entreprise/defense/le-geant-italien-fincantieri-attaque-la-tribune_808876?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
The 2022 article defends La Tribune. It states that the corruption allegations aren’t new, linking to this article in Italian, which alleged mafia ties in 2013: https://www.ilrestodelcarlino.it/ancona/cronaca/2013/04/18/875468-mafia-fincantieri.shtml
A journalist group came out in support of La Tribune: https://www.mapmf.org/alert/24794
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