June 4, 2024/US SEC On June 3, 2024, the Securities and Exchange Commission filed insider trading charges against Andre Wong for unlawfully trading the securities of NeoPhotonics Corporation (“NeoPhotonics”) ahead of an announcement that his then-employer, Lumentum Holdings Inc. (“Lumentum”), had agreed to acquire NeoPhotonics. According to the SEC’s complaint, […]
Frauds & Scandals
SEC Obtains Final Judgment Against Former Arista Networks Chairman Andy Bechtolsheim for Insider Trading
June 3, 2024/US SEC On May 30, 2024, the U.S. District Court for the Northern District of California entered a final judgment, by consent, against Andreas “Andy” Bechtolsheim, the founder and Chief Architect of Silicon Valley-based technology company Arista Networks, Inc., in an action alleging that Bechtolsheim engaged in insider […]
SEC Charges Robert Scott Murray and Trillium Capital with Fraudulent Scheme to Manipulate Getty Images Stock
Massachusetts resident liquidated his Getty Images stock holdings after sham offer to buy company drove up its stock price May 31, 2024/US SEC The Securities and Exchange Commission today charged Robert Scott Murray and Trillium Capital LLC, a private company controlled by Murray, with a fraudulent scheme to manipulate the […]