Viatris executive charged in insider trading scheme that allegedly netted $7.2 million

The other shoe has dropped in the case of two Viatris employees who allegedly used insider information to make trades that netted them $7.2 million.

The SEC has charged the company’s chief information officer Ramkumar Rayapureddy with providing tips to a friend and former colleague who was said to execute trades and share profits by way of cash exchanges made with Indian currency.