LA federal jury convicts Ontrak founder in historic insider trading prosecution
Terren Peizer is the first executive of a publicly traded company to be prosecuted for insider trading based on his Rule 10b5-1 plans.
A federal jury convicted on Friday former Ontrak Inc. CEO Terren Peizer of three felonies for dumping company stock in an insider trading scheme aimed at avoiding more than $12.5 million in losses.
Pe…