Ontrak Inc. founder Terren Peizer has been sentenced to 3½ years in prison after being convicted of insider trading, according to a California federal judge’s ruling on Monday. The conviction stems from accusations that Peizer used confidential information to base the $20 million share price of Ontrak, Inc., a healthcare technology company.
Source: https://www.law360.com/healthcare-authority/articles/2356550/ontrak-founder-gets-3-years-in-novel-insider-trading-case