Search results
Mar 26, 2024 · 2024-40. Washington D.C., March 26, 2024 — The Securities and Exchange Commission today announced insider trading charges against Andreas “Andy” Bechtolsheim, the founder and Chief Architect of Silicon Valley-based technology company Arista Networks, Inc. To settle the SEC’s charges, Bechtolsheim agreed to pay a civil penalty of nearly $1 million.
Mar 26, 2024 · The networking vendor now has a market cap of close to $95 billion. In 1982, Bechtolsheim co-founded Sun Microsystems with Scott McNealy, Vinod Khosla and Bill Joy, and served as chief...
People also ask
Who is Andy Bechtolsheim?
How did Bechtolsheim settle the SEC complaint?
What is Andreas Bechtolsheim net worth?
Did Bechtolsheim 'combine illegal profits' with Acacia?
Apr 23, 2024 · Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.
Mar 26, 2024 · Andy Bechtolsheim, the billionaire co-founder of Sun Microsystems Inc. and Arista Networks Inc., will be barred from serving as an executive or board member of a public company for five years...
- Austin Weinstein
Mar 26, 2024 · The SEC alleged in a lawsuit filed Tuesday in federal court in San Jose, California, that Bechtolsheim illegally traded on Cisco Systems Inc. ’s $2.6 billion offer to buy Acacia Communications Inc. in 2019. He learned about the deal in advance, the SEC said. He settled with agency, agreeing to pay a $923,740 fine but didn’t ...
- Austin Weinstein
- Bloomberg News
- aweinstein18@bloomberg.net
Mar 26, 2024 · Arista Networks founder Andy Bechtolsheim reached a settlement with the Securities and Exchange Commission (SEC) on insider trading charges and will pay almost $1 million in penalties, the SEC...
The Securities and Exchange Commission today announced insider trading charges against Andreas “Andy” Bechtolsheim, the founder and Chief Architect of Silicon Valley-based technology company Arista Networks, Inc. To settle the SEC’s charges, Bechtolsheim… SEC Press Release