French investigating magistrate David Peyron, who is overseeing the Pierre Berge indictment on insider trading, told WWD his inquiry “could finish by finding there are no grounds [for a court case] or it could finish before the court.”

Peyron said his comments in a June 1 article may have wrongly implied that the case is likely to end up in court.

He added, “The length of the investigation could be very variable, from a few months to more than a year.”

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