(Bloomberg) -- An investigation of insider trading at European Aeronautics, Defence & Space Co. has come across a taped call regarding discussions of production delays for the Airbus A380 that took place three months before the setbacks were disclosed and EADS shares tumbled 26 percent.
Jean Galli Douani said he met with French financial police at their headquarters May 2 at the request of investigating judge Xaviere Simeoni. Douani, who unsuccessfully tried to buy Airbus planes, said he taped a phone call with an Airbus executive about the A380 discussions at the March 2006 meeting.
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