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Terren Peizer information


Terren Scott Peizer
Born (1959-07-31) July 31, 1959 (age 64)[1]
Beachwood, Ohio
Alma materWharton School of the University of Pennsylvania (B.S., Economics)
OccupationBusinessperson
Years active1983-present
Known for
  • junk bond salesman at Drexel Burnham Lambert who testified against Mike Milken in securities fraud prosecution in exchange for immunity
  • CEO of Ontrak Inc., charged with insider trading and securities fraud
Criminal chargesinsider trading and securities fraud (2023)

Terren Scott Peizer (born July 31, 1959) is an American businessperson.[2] He was the CEO and chairman of Ontrak Inc., a publicly traded healthcare company, but resigned in March 2023 after US authorities charged him with insider trading and securities fraud.[1][3][4] He formerly worked as a junk bond salesman at Drexel Burnham Lambert, and ultimately testified against his former boss Mike Milken in Milken's securities fraud prosecution, in exchange for immunity from both criminal prosecution and SEC sanctions.[5] He also held executive positions in small-cap technology, debt collection, bicycle tire, shoe importing, and biotech companies.[6][7]

  1. ^ a b "UNITED STATES V. TERREN S. PEIZER; PENDING CRIMINAL DIVISION CASES; Court Docket: 2:23-CR-89". The United States Department of Justice. March 1, 2023.
  2. ^ "OTRK.US Company Profile & Executives - Ontrak Inc". The Wall Street Journal.
  3. ^ "Ontrak CEO Peizer resigns after being charged for insider trading". Reuters. March 3, 2023.
  4. ^ Hackett, Mallory (November 3, 2020). "Ontrak deepens its behavioral health platform with LifeDojo acquisition". MobiHealthNews. Retrieved November 25, 2020.
  5. ^ "Small world, ain't it?". Forbes. September 6, 1999.
  6. ^ Labaton, Stephen (December 10, 1988). "4th Drexel Employee in Immunity Bargain". The New York Times. ISSN 0362-4331. Retrieved November 25, 2020.
  7. ^ Eichenwald, Kurt (October 20, 1990). "Kohlberg, Kravis Official Tells of a Hidden Milken Stake". The New York Times.

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