Amit Kanodia

An Indian-American man has been sentenced to 20 months in prison for a $1 million insider trading scheme involving the failed Apollo Tyres bid to takeover Cooper Tire, prosecutors said on Wednesday.

An Indian-origin private equity investor has been convicted of conspiracy and securities fraud in the US for tipping off two friends about a proposed 2013 acquisition of a firm by India-based Apollo Tyres, an insider trading scheme that netted over USD 1 million.

Two Indian-origin entrepreneurs have been charged by the US authorities with insider trading for making over a million dollars in illegal profits through the proposed acquisition of Cooper Tire and Rubber by India's Apollo Tyres.

An Indian-American man has been sentenced to 20 months in prison for a $1 million insider trading scheme involving the failed Apollo Tyres bid to takeover Cooper Tire, prosecutors said on Wednesday.

An Indian-origin private equity investor has been convicted of conspiracy and securities fraud in the US for tipping off two friends about a proposed 2013 acquisition of a firm by India-based Apollo Tyres, an insider trading scheme that netted over USD 1 million.

Two Indian-origin entrepreneurs have been charged by the US authorities with insider trading for making over a million dollars in illegal profits through the proposed acquisition of Cooper Tire and Rubber by India's Apollo Tyres.