A person or corporate trust is deemed to be an insider when-He she or it passes a 10% ownership in the target company. the JZT was most certainly above this threshold by year end of 2014. While I can appreciate that theymight not have had any specific information in regards to Nordex' health or financial condition, it is my belief that they should not have been purchasing shares after December 31, 2014.
Comment and opinions on this are most welcome.
B&D