Adesh Kumar Tyagi of California is the former CEO, sole director, and majority shareholder of Systems America subsequently renamed Cloudeeva. It is alleged that Tyagi falsely claimed that the ...

Adesh Kumar Tyagi, 49, admitted using phony news releases and illegal trading techniques to inflate Systems America Inc.’s stock price, according to an Aug. 17 court order signed by a U.S ...

Adesh Kumar Tyagi had pleaded guilty in November last year to certain aspects of the misconduct at issue in the SEC’s complaint. An Indian-origin former CEO of a penny stock company, charged ...