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Financial Crimes Weekly: Insider Trading At Arista, Del Taco; KuCoin In Civil Action Suit

Benzinga

Andreas Bechtolsheim , founder and chief architect of Silicon Valley-based technology company Arista Networks Inc (NYSE: ANET ), this week agreed to settle charges of insider trading, paying a civil penalty of nearly $1 million.

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Arista Networks Founder To Pay SEC $1M Insider Trading Fine

Law 360 M&A

The billionaire founder of technology company Arista Networks Inc. will pay a nearly $1 million fine to settle the U.S. Securities and Exchange Commission's allegations that he engaged in insider trading regarding an impending acquisition, the agency announced Tuesday.