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Mar 26, 2024 · Bechtolsheim learned of Cisco’s proposal to buy Acacia from an unnamed employee of another unspecified tech firm, before Bechtolsheim purchased Acacia stock options through brokerage...
- Ty Roush
Mar 26, 2024 · The SEC’s insider trading charges are based on allegations that Bechtolsheim traded stock options in Acacia Communications, a Maynard, Mass.-based manufacturer of high-speed optical...
Mar 26, 2024 · Immediately after learning this information, Bechtolsheim allegedly traded Acacia options in the accounts of a close relative and an associate. The next day, July 9, 2019, before the market opened, Acacia and Cisco announced that Cisco had agreed to acquire Acacia for $70 per share.
Jun 3, 2024 · Now approved by the court, the deal prohibits Bechtolsheim from serving as the officer or director of a public company for five years and imposes a civil penalty of $923,740. That's about twice what he – allegedly – made through trading Acacia options.
Mar 26, 2024 · On July 8, 2019, Bechtolsheim, the chair of Arista at the time, traded Acacia options through the accounts of a close relative and associate. The next day, Cisco (CSCO) announced it was...
Mar 27, 2024 · Immediately after learning this information, Bechtolsheim allegedly traded Acacia options in the accounts of a close relative and an associate. The next day, July 9, 2019, before the market...
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Mar 26, 2024 · Immediately after learning this information, the SEC said that Bechtolsheim allegedly traded Acacia options in the accounts of a close relative and an associate. The next day, July 9, 2019,...