Ramesh Chitor News Today

CA Man Sentenced To Jail For Insider Trading

An Indian-origin executive was sentenced to 24 months in prison and ordered to pay nearly a million dollar fine in the US for misappropriating information about impending corporate transactions.Amit Bhardwaj, 49, former Chief Information ...

Amit Bhardwaj Pleads Guilty To Insider Trading. Not only did Bhardwaj betray his company and cheat the securities markets.

An Indian-American, who was arrested and charged in July 2022, has pleaded guilty to 13 counts arising from his participation in a scheme to commit insider trading based on material, non-public information (MNPI) that he misappropriated from ...

Amit Bhardwaj, 49, the former Chief Information Security Officer at Lumentum Holdings Inc, traded on the misappropriated MNPI himself and tipped his associates with this same information so that they could place profitable trades in Lumentums acquisition targets, a Department of Justice said in a statement.

Indian American pleads guilty to insider tradingFaces 20 years in prison for his role in multi-million dollar scheme to commit securities fraud

REGIONAL – Two Tri-Valley men have been arrested on multiple counts of insider trading that generated more than $5.2 million in illegal profits, according to federal authorities. A third man

The SEC claims that these individuals engaged in illegal trading. In two different alleged scams, several people of Indian descent are accused of making over

Each action originated from the SEC Enforcement Division’s Market Abuse Unit’s (MAU) Analysis and Detection Center.

A Pleasanton man and a San Ramon man were among those arrested Monday on insider trading charges for activities that allegedly saw them generate more than $5 million in illegal profits alongside others involved in the scheme.