Litigation: SEC Wins Summary Judgment Against Ex-Silicon Valley Software Engineer in Multimillion Dollar Insider Trading Ring Case
July 30, 2024
July 30, 2024
WASHINGTON, July 30 -- The Securities and Exchange Commission issued the following litigation release (No. 5:19-CV-08207-RS; N.D. Cal. filed Dec. 17, 2019) involving Sivannarayana Barama:
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On July 25, 2024, Judge Richard Seeborg of the U.S. District Court for the Northern District of California granted the SEC's motion for summary judgment against Sivannarayana Barama and entered a final judgment against Barama, finding him liable for almost $8.5 million as a . . .
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On July 25, 2024, Judge Richard Seeborg of the U.S. District Court for the Northern District of California granted the SEC's motion for summary judgment against Sivannarayana Barama and entered a final judgment against Barama, finding him liable for almost $8.5 million as a . . .