An Indian American executive from San Ramon, California was sentenced to 24 months in prison and ordered to pay nearly $1 million in fine for misappropriating information about impending corporate transactions. Amit Bhardwaj, 49, former Chief Information Security Officer at Lumentum Holdings, was sentenced last week by US District Judge Gregory H. Woods for committing insider trading based on material, non-public information (MNPI) that he misappropriated from his employer.
