2 Indian-Americans among six charged in Silicon Valley insider trading ring
The Tribune, 16 June 2021
Two Indian-Americans were among six members of a Silicon Valley trading ring against which the US’ Securities and Exchange Commission has slapped charges for generating nearly USD 1.7 million in illegal profits by trading on the confidential earnings information of two local technology companies.
According to the SEC complaint on Tuesday, Nathaniel Brown, 49, who served as the revenue recognition manager for Infinera Corporation, repeatedly tipped Infinera’s unannounced quarterly earnings and financial performance to his best friend, Benjamin Wylam, 42, from April 2016 until Brown left the company in November 2017. Continue reading “Article: 2 Indian-Americans among six charged in Silicon Valley insider trading ring”
