Ex-Netflix Employees Accused of $3.1 Million Insider Trading Scheme

Ex-Netflix Employees Accused of $3.1 Million Insider Trading Scheme

Five people, including three former Netflix employees, used confidential subscriber growth information to illegally trade in Netflix stock, netting $3.1 million, according to a Securities and Exchange Commission complaint filed on Wednesday. Sung Mo “Jay” Jun, 49, of Bellevue, Wash., and three others have also been criminally charged in federal court in Seattle with three […]