• The SEC charged a cloud executive with insider trading after he allegedly saved his brothers from $600,000 in losses

    20 days ago - By Business Insider

    The SEC charged a former cloud security executive with insider trading on Thursday.
    Amer Deeba, chief commercial officer at Qualys, allegedly gave his two brothers advanced warning of poor financial results in Q1 2015 and encouraged them to sell all of their shares in the company.
    The financial results ultimately tanked the company's stock 25% the day after earnings, and saved the brothers a total of $581,170, according to the SEC complaint.
    A longtime enterprise tech executive was charged with insider trading on Thursday by the Securities and Exchange Commission which alleged that he...
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  • Cleveland Browns cut Mychal Kendricks amidst charges of insider trading just 2 months after signing him to the team

    Cleveland Browns cut Mychal Kendricks amidst charges of insider trading just 2 months after signing him to the team

    20 days ago - By Business Insider

    The Cleveland Browns released linebacker Mychal Kendricks after federal prosecutors charged him with insider trading.
    Kendricks admitted his wrongdoing in a statement shortly after the charges were made public.
    While Kendricks is no longer on the Browns roster, there's a chance that he could still get paid by the franchise if he files a grievance.
    The Cleveland Browns released linebacker Mychal Kendricks on Thursday after federal prosecutors charged him with insider trading.
    In a statement , the Browns explained that they had been somewhat aware of Kendricks' situation when they signed him...
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