Insider trading among tech companies is nothing new, but some of these unscrupulous workers are more 'successful' than others. The SEC has charged former Palo Alto Networks IT administrator Janardhan Nellore and four friends with conducting insider trading that earned the group over $7 million between 2015 and 2018. Allegedly, Nellore exploited his "IT credentials and work contacts" to access his company's financial data and make illegal share trades. The group was also aware it might be tracked -- Nellore reportedly had the group use variants of the codeword "baby" in emails and texts to refer to the company stock, and the friends made small transactions to avoid tipping off the bank.
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