Finmatica, the Italian software company under investigation by Italian public prosecutors over alleged market rigging and obstruction of justice, has delayed its report to Consob, the market regulator, and is looking for new auditors.

Michele Carpaneda and Enrico Marinelli, two independent board members, are now running Finmatica after Piero Luigi Crudele, the chairman and founder, and Fabio Bottari, chief executive, resigned last week. Crudele and Bottari were among seven Finmatica executives named in the probe by the public prosecutors.