A €20 Million Insider-Trading Case Kept Alive in France as Privacy Bid Flops.

A French court has kept alive an investigation into two traders suspected of making €20 million ($21.6 million) from insider tips, as their privacy bid collapsed. The investigation, which is France's largest insider-trading case, was in danger of being undermined by a European Union ruling. The traders had claimed that investigators reviewed their phone records without legal backing and in violation of their rights. The court's decision means that French investigators can now move forward with finalizing their cases and deciding whether to order a trial. [Extracted from the article]