SEC Charges Former Pharmaceutical Global IT Manager in $8 Million Insider Trading Scheme
September 18, 2021
September 18, 2021
WASHINGTON, Sept. 18 -- The Securities and Exchange Commission issued the following news release on Sept. 17, 2021:
The Securities and Exchange Commission today announced insider trading charges against Dayakar R. Mallu, of Orlando, Florida, who generated gains and avoided losses totaling over $8 million by trading in the securities of his former employer, Mylan N.V., ahead of four public announcements between Oct. 3, 2017, and July 29, 2019.
The SEC's complaint, filed . . .
The Securities and Exchange Commission today announced insider trading charges against Dayakar R. Mallu, of Orlando, Florida, who generated gains and avoided losses totaling over $8 million by trading in the securities of his former employer, Mylan N.V., ahead of four public announcements between Oct. 3, 2017, and July 29, 2019.
The SEC's complaint, filed . . .