Former IT Exec Pleads Guilty to Insider Trading Conspiracy

A former IT executive at a NASDAQ-listed healthcare company is facing more than a quarter of a century behind bars after pleading guilty to insider trading and preparing a false tax return. Dayakar Mallu, 51, of Orlando, Florida, admitted to conspiring with others to trade in the securities of Mylan, which is now a part of global healthcare firm Viatris.

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