--Orange Chief Executive Stephane Richard was cleared Tuesday by the Paris Criminal Court of any wrongdoing for alleged complicity in fraud in a case dating back to 2008, the Financial Times reports.

--Mr. Richard's acquittal secures his position at Orange, according to the FT, which also reports that French Finance Minister Bruno le Maire called for Mr. Richard to resign from his position at France's largest telecoms company if convicted.

Full story: https://on.ft.com/2LJylTG

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(END) Dow Jones Newswires

July 09, 2019 06:30 ET (10:30 GMT)

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