July 19, 2012

Indiawest: Five Indian American Doctors Settle Insider Trading Case

Indiawest: Five Indian American Doctors Settle Insider Trading Case

The main culprit in this new item: Dr. Apparao Mukkamala, a prominent physician in the Indian American community and a resident of Grand Blanc, Mich., ....bought shares through the trading account of Chinmaya Mission West, a charitable organization where he was president. Chinmaya received $7,076 in illegal profits from Mukkamala’s $25,427 investment, according to the SEC complaint.

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