Telecom Italia says board member probed for insider trading quits

MILAN (Reuters) - Telecom Italia's independent board member Elio Catania, who is being investigated for alleged insider trading, resigned on Friday, the company said. In a statement, Telecom Italia said Catania had told the company he had decided to quit so that the board's activities and the work of investigators could proceed "in an orderly manner." In his resignation letter, Catania said he had always acted correctly. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/telecom-italia-says-board-member-probed-insider-trading-154807267--finance.html