N.Y. U.S. Attorney: Two California Men Sentenced for Insider Trading Using Information Stolen From Lumentum
January 03, 2024
January 03, 2024
NEW YORK, Jan. 3 -- The office of the U.S. Attorney for the Southern District of New York issued the following news release:
Damian Williams, the United States Attorney for the Southern District of New York, announced today that SRINIVASA KAKKERA and ABBAS SAEEDI were sentenced by U.S. District Judge Gregory H. Woods to 18 months and five months, respectively, for their participation in a scheme to commit insider trading based on material, non-public information ("MNPI") t . . .
Damian Williams, the United States Attorney for the Southern District of New York, announced today that SRINIVASA KAKKERA and ABBAS SAEEDI were sentenced by U.S. District Judge Gregory H. Woods to 18 months and five months, respectively, for their participation in a scheme to commit insider trading based on material, non-public information ("MNPI") t . . .