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Former Amazon financial manager Laksha Bohra and her family accused of insider trading



The complaint alleges that Laksha Bohra, a senior manager of Amazon’s tax department, leaked confidential information about the company’s financial performance to her husband Viky Bohra. Her husband and father then exchanged confidential information in 11 separate accounts managed by the family, according to the SEC complaint.

Bohra’s lawyers did not immediately respond to a request for comment. Amazon (AMZN) he declined to comment on the allegations.

The SEC said the trading took place before Amazon’s earnings announcements between January 201

6 and July 2018.

“We claim that the Bohras have repeatedly and systematically used Amazon’s confidential information for their own gain,” said Erin Schneider, director of the SEC’s San Francisco regional office. “Employees with access to confidential and potentially market-moving company information cannot use that information to enrich themselves, their friends or their families.”


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