Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Wednesday, June 12, 2024 | Back issues
Courthouse News Service Courthouse News Service

Securities fraud

SEATTLE — A federal court in Washington state sentenced a former Netflix software engineer convicted to two years in prison and a $15,000 fine for securities fraud. The court also sentenced the engineer's friend for his role in the insider trading scheme that resulted in more than $3 million in illegal proceeds.

Categories / Briefs, Business, Criminal, Media, Securities

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.