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DOJ alleges head of health care firm Ontrack engaged in insider trading

Posted On: Mar. 3, 2023 9:46 AM CST

U.S. authorities charged the head of behavioral health care company Ontrak Inc. with insider trading, Reuters reports. Ontrak Chairman and CEO Terren Peizer sold more than $20 million of Ontrak stock between May and August 2021 while in possession of material non-public negative information related to the company's largest customer, authorities said.