The investigation dates back to a probe launched in May by Israel’s version of the U.S. SEC though the subject matter of the investigation was not initially revealed.
Mazor Robotics (NSDQ:MZOR) CEO Ori Hadomi is under investigation by the Israel Securities Authority over accusations of insider trading, according to a report from the Calcalist.
The investigation dates back to a probe launched in May by Israel’s version of the US Securities & Exchange Commission, though the subject matter of the investigation was not initially revealed.
The investigation is now reported to be in relation to a deal Mazor made in May with Medtronic (NYSE:MDT) which gave the Fridley, Minn.-based medical device giant US distribution rights for Mazor’s Mazor X robot-assisted surgery platform.