Peizer, 64, faces up to 25 years of incarceration for securities fraud and up to 20 years for each count of insider trading. He resigned as CEO in March 2023 after being indicted. More on Ontrak ...

Terren S. Peizer, 64, who also lived in Puerto Rico, was convicted of one count of securities fraud and two counts of insider trading, according to the U.S. Department of Justice.