Ex-CEO of Nevada-based health care company Ontrak convicted of $12.5 million insider trading scheme
- Terren Scott Peizer, former Ontrak CEO, was found guilty of securities fraud and insider trading by a federal jury in Los Angeles.
- Peizer, facing a possible 25-year prison sentence, violated trading limits to avoid $12.5 million in losses after learning of contract termination by a major client.
- Peizer is scheduled for sentencing on October 21 by U.S. District Judge Dale Fischer.
14 Articles
14 Articles
Ex-CEO of Nevada-based health care company Ontrak convicted of $12.5 million insider trading scheme
LOS ANGELES (AP) — The former CEO of a publicly traded health care company based in Nevada has been found guilty of a multimillion-dollar insider trading scheme. A federal jury in Los Angeles convicted Terren Scott Peizer on Friday. The Justice Department says it’s the first case it has prosecuted exclusively based on a special trading plan that lets company insiders create a predetermined plan to sell shares while also setting limits on certain…
National Post
Financial PostEx-CEO of Nevada-based health care company Ontrak convicted of $12.5 million insider trading scheme
LOS ANGELES (AP) -- The former CEO and chairman of Ontrak, a publicly traded health care company based in Nevada, was found guilty Friday of a multimillion-dollar insider trading scheme.
Ex-CEO of Nevada-based health care company Ontrak convicted of $12.5 million insider trading scheme
LOS ANGELES (AP) — The former CEO of a publicly traded health care company based in Nevada has been found guilty of a multimillion-dollar insider trading scheme. A federal jury in Los Angeles convicted Terren Scott Peizer on Friday. The Justice Department says it’s the first case it has prosecuted exclusively based on a special trading plan that lets company insiders create a predetermined plan to sell shares while also setting limits on certain…
Ex-CEO of Nevada-based health care company Ontrak convicted of $12.5M insider trading scheme
LOS ANGELES (AP) — The former CEO of a publicly traded health care company based in Nevada has been found guilty of a multi-million dollar insider trading scheme. A federal jury in Los Angeles convicted Terren Scott Peizer on Friday. The Justice Department says it’s the first case it has prosecuted exclusively based on a special trading plan that lets company insiders create a predetermined plan to sell shares while also setting limits on certai…
Coverage Details
Bias Distribution
- 54% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
