Former Amazon finance manager and family charged with insider trading

  • 📰 CNN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

A former finance manager for Amazon and two of her family members were charged on Monday with insider trading by the Securities and Exchange Commission, which accused the family of making $1.4 million from unlawful trading

New York A former finance manager for Amazon.com and two of her family members were charged on Monday with insider trading by the Securities and Exchange Commission, which accused the family of making $1.4 million from unlawful trading.

The complaint alleges that Laksha Bohra, a senior manager in Amazon's tax department, leaked confidential information about the company's financial performance to her husband Viky Bohra. The husband and his father then traded on the confidential information in 11 separate accounts managed by the family, according to the SEC complaint. Bohra's lawyers didn't immediately respond to a request for comment. Amazon declined to comment on the charges.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Hey lying FASCIST CNN! Bezos PAID ZERO INCOME TAXES! Where is that story lying fascist CNN! Hunter Biden got $5 billion from China!! How much in taxes did he pay, lying fascist CNN?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in CA

Canada Canada Latest News, Canada Canada Headlines