The former head of a Sunnyvale fiber optics equipment maker was sentenced Wednesday to two years in prison for insider trading and tender offer fraud, according to the U.S. Department of Justice.
Peter C. Chang, 60, of Los Altos, founded Alliance Fiber Optic Products Inc. (AFOP) in 1995 and served as chairman of the board of directors, chief executive officer and president until it was sold in 2016.
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