SEC Charges Twilio Engineers With Insider Trading During Early Days of Pandemic
Three Twilio software engineers, who had access to customer usage databases, passed confidential information along to friends and family members.
Stay updated with breaking news from Hari Sure. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Three Twilio software engineers, who had access to customer usage databases, passed confidential information along to friends and family members.
The Securities and Exchange Commission today announced insider trading charges against three software engineers employed at Twilio, Inc., a San Francisco- based cloud computing communications company, and four family members and friends for allegedly generating more than $1 million in collective profits by insider trading ahead of the company's...
<p><span>The Securities and Exchange Commission today announced insider trading charges against three software engineers employed at Twilio, Inc., a San Francisco-based cloud computing communications company, and four family members and friends for allegedly generating more than $1 million in collective profits by insider trading ahead of the company’s positive first quarter 2020 earnings announcement on May 6, 2020.</span></p>