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Former Arista Networks Chairman Settles Insider Trading Charges

Arista Networks SEC the US Securities and Exchange Commission United States

The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/

A former chairman of Arista Networks has reached a settlement with the US Securities and Exchange Commission (SEC) regarding insider trading charges, as announced by the SEC.

The individual in question was accused of engaging in insider trading by using non-public information to make stock trades. The SEC alleged that the former chairman had access to confidential details about Arista Networks' financial performance and upcoming announcements, which were not available to the general public.

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