Sweden’s Kindred Group Plc, an online gaming provider, has announced that corporate adviser Stefan Lundborg has resigned from all duties as a non-executive director, effective immediately.
The action is related to an investigation of Lundborg for “insider crime” by the Swedish Economic Crime Authority (SECA). The company has offered full cooperation and said it will update investors on the investigation when it knows more.
Anders Ström, chairman of the board at Kindred Group, stated: “The resignation of Stefan Lundborg was unavoidable considering the investigation against him by the Swedish Economic Crime Authority.” He added, “The board would like to emphasize that no other representatives of the company have been served any suspicion of misconduct and neither is the company itself under any suspicion.”
