Tech Company Chief Funnelled $39 Million in Ill-Gotten Gains
Preet Bharara, the United States Attorney for the Southern District of New York, announced that DAVID RILEY, former Chief Information Officer of Foundry Networks, Inc. (“Foundry”), a California-based technology company that was acquired by Brocade Communications, Inc. (“Brocade”), in 2008, was sentenced today to 78 months in prison for his participation in an insider trading
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