Business

French court orders a trial for EADS shareholders

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PARIS — A French court on Monday ordered the German carmaker Daimler and the French media conglomerate Lagardère to face a criminal trial on allegations of insider trading in the 2006 sale of shares in the European aerospace and defense group EADS.

In a civil ruling in 2009 on similar accusations, the French stock market regulator cleared both companies and more than a dozen executives of civil allegations.

Monday’s move capped a seven-year criminal inquiry by French investigative judges of the two companies, former shareholders of the European aerospace group, as well as seven current and former executives of the group and its Airbus subsidiary.

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