Casino Fined €20 Million for Corrupt Payment to Stock Picker

A Casino supermarket in Paris.Photographer: Benjamin Girette/Bloomberg

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By Gaspard Sebag

January 29, 2026 at 2:21 PM UTC

Updated on

January 29, 2026 at 4:37 PM UTC

French grocer Casino Guichard Perrachon SA was fined €20 million ($23.9 million) by a Paris court for its role in a corrupt payment made to a well-known stock-picker.

However, the company was cleared on Thursday of parallel market-manipulation accusations that could have fetched a bigger penalty.