U.S. Charges Former Amazon Manager And Her Family Members With Insider Trading

The complaint alleges that Viky Bohra and his father, Gotham Bohra, then traded on this confidential information, reaping illicit profits of approximately $1.4 million.

The SEC’s complaint, filed in federal court in Seattle, charges all three Bohras with violating anti-fraud provisions of the federal securities laws. They have agreed to pay total disgorgement of $1,428,094, total prejudgment interest of $118,406, and total penalties of $1,106,399.

In a parallel action, the U.S. Attorney’s Office for the Western District of Washington today filed criminal charges against Viky Bohra.

“We allege that the Bohras repeatedly and systematically used Amazon’s confidential information for their own gain,” said Erin Schneider, who serves as director of the SEC’s San Francisco Regional Office.