Former Ontrak CEO Terren Scott Peizer has been sentenced to 42 months of prison time in a first-ever prosecution based exclusively on Rule 10b5-1 trading plans, authorities announced on Monday. The plans are relied upon by thousands of U.S. executives at publicly traded companies. A lawyer for Peizer told Fortune the case will be appealed and said the evidence at trial showed Peizer did not commit insider trading
Stimulating and lobby
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