Former Ontrak CEO convicted of insider trading

Ontrak

21/06/2024 22:44

WASHINGTON, June 21 (Reuters) - Ontrak Inc's  OTRK.O 
former chief executive officer, Terren Peizer, was convicted of
insider trading by a federal jury in Los Angeles, the U.S.
Department of Justice said on Friday.
    The jury convicted Peizer of one count of securities fraud
and two counts of insider trading, the department said in a
statement. Peizer is scheduled to be sentenced on Oct. 21, it
said. 
    

 (Reporting by Ismail Shakil and Jasper Ward; Editing by Leslie
Adler)
 ((Jasper.Ward@thomsonreuters.com;))