© Reuters. FILE PHOTO: The Netflix sign-on is proven on an iPad in Encinitas, California, April 19,2013. REUTERS/Mike Blake
WASHINGTON (Reuters) – The U.S. Securities and Trade Fee (SEC) on Wednesday mentioned it has charged three former engineers at Netflix (NASDAQ:) for buying and selling on personal info across the firm’s subscriber development that generated over $3 million in whole income.
The SEC’s criticism, filed in federal court docket in Seattle, fees the three former staffers with violating antifraud provisions and making an attempt to evade detection through the use of encrypted messaging purposes and paying money kickbacks.
The defendants may additionally pay fines, the SEC mentioned.
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