Clifford Chance is advising European aerospace and defense company EADS on proceedings brought against the company and some of its directors by France’s Autorit� des March�s Financiers (AMF) for breach of market information duties and for breach of insider trading rules.

The Magic Circle firm’s role emerged Tuesday after the AMF — the French equivalent of the SEC — confirmed it would launch a formal action against the company and some of its current and former executives following an 18-month investigation.