A top technology executive at Viatris was charged with sharing illicit stock tips that netted millions of dollars for a friend, according to the Justice Department
A top technology executive at the healthcare company Viatris Inc. was charged with sharing illicit stock tips that netted millions of dollars for a friend who traded on them, according to the Justice Department.
Ramkumar Rayapureddy, the global chief information officer at Viatris , shared undisclosed information about a regulatory drug approval, his employer’s financial results and a planned merger with a division of Pfizer Inc., authorities said. When he worked at Mylan NV, a predecessor company to Viatris, Mr. Rayapureddy allegedly leaked the information to a friend, Dayakar Mallu, according to an indictment.
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