Legal Opinion

Koneru v. Securities and Exchange Commission

District Court, District of Columbia

Decided July 29, 2026No. Civil Action No. 2025-4100Published

1Opinion of the Court

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA SRINIVAS KONERU, Plaintiff, Civil Action No. 25 - 4100 (SLS) v. Judge Sparkle L. Sooknanan SECURITIES AND EXCHANGE COMMISSION, Defendant. MEMORANDUM OPINION Srinivas Koneru is the founder of Triterras, a financial-technology company that formerly traded publicly on the Nasdaq stock exchange. On December 21, 2020, Triterras investors filed a putative class action against the company for purported securities law violations. And in 2021, the Securities and Exchange Commission and its staff (SEC) began investigating Mr. Koneru and…

2Cases cited23 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Lujan v. Defenders of WildlifeSupreme Court of the United States · 1992
  4. Papasan v. AllainSupreme Court of the United States · 1986
  5. Charles Kowal v. MCI Communications CorporationCourt of Appeals for the D.C. Circuit · 1994

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