US judge orders former Cemtrex exec to pay back ill-gotten gains
CemtrexCemtrex(US:CETX) Reuters·2026-01-20 21:58

Core Viewpoint - A U.S. judge has ordered the founder and former CEO of Cemtrex to pay $9.7 million in ill-gotten gains and interest due to a case brought by the U.S. Securities and Exchange Commission [1] Company Summary - The case involves Cemtrex, a manufacturing firm, highlighting issues of financial misconduct within the company [1] - The ruling reflects the legal consequences faced by executives in cases of financial impropriety [1]