SECURITIES AND EXCHANGE COMMISSION v. RAYAPUREDDY

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Case Number:

2:22-cv-01592

Court:

Pennsylvania Western

Nature of Suit:

Securities/Commodities

Judge:

W. Scott Hardy

Firms

Government Agencies

  1. August 13, 2024

    SEC Drops Insider Trading Suit Against Ex-Mylan Exec

    The U.S. Securities and Exchange Commission on Tuesday dismissed a Pennsylvania federal suit accusing the former chief information officer of Mylan NV of insider trading due to what his attorneys describe as compelling evidence showing his innocence, seven months after the Department of Justice dropped a parallel criminal case. 

  2. November 10, 2022

    Feds Charge Ex-Mylan CIO With Insider Trading Scheme

    A former executive at Mylan and its successor Viatris Inc. has been hit with criminal charges and civil claims that he helped a former colleague make millions from stock trades based on insider information in exchange for payoffs in foreign currency, according to an indictment and complaint made public Thursday.