SungMoJun

Former Netflix Engineer Sentenced to Two Years in Prison for Insider Trading

Former Netflix Engineer Sentenced to Two Years in Prison for Insider Trading

BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT #Business Sung Mo Jun, 49, was also given a $15,000 fine for leading an insider trading ring that brought in more than $3 million in profit based on information about Netflix's subscriber growth. A former Netflix engineer was sentenced to two years in prison and given a $15,000 fine for his role in leading an insider trading ring based on private information about the streaming giant’s subscriber growth, the U.S. Attorney’s Office for the Western District of Washington said on Friday. The former engineer, Sung Mo Jun, pleaded guilty to securities fraud in August. During…
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