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Mar 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 27, 2024 · According to the SEC’s complaint, Andy Bechtolsheim misappropriated material nonpublic information regarding the impending acquisition of Acacia Communications, Inc., a manufacturer of high-speed optical interconnect products.
Andreas Maria Maximilian Freiherr von Mauchenheim genannt Bechtolsheim (born 30 September 1955) is a German electrical engineer, entrepreneur and investor. He co-founded Sun Microsystems in 1982 and was its chief hardware designer.
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 · 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 after the Securities and Exchange Commission accused him of insider trading.
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Mar 27, 2024 · The U.S. Securities and Exchange Commission charged Bechtolsheim, co-founder of Sun Microsystems Inc. and Arista Networks Inc., after discovering information that alleged he knew of Cisco Systems...