“I note that the facts of the case prima facie show that there has been a massive falsification of the books of accounts of the company and that the company has been publishing false and manipulated financial statements showing inflated revenue/profitability,” Sebi Whole Time Member Ashwani Bhatia said in the order passed on Thursday.
Jensen Huang forfeits $108 million in unvested Nvidia equity
The relinquished awards represent roughly 0.08% of his net worth, according to the Bloomberg Billionaires Index, which puts his fortune at $138.4 billion.