San Francisco 49ers CEO Jed York is being sued for alleged insider trading and violations of federal securities laws, according to a report.

Two lawsuits against York, 42, are connected to his role with the board of Chegg Inc., an educational company.

According to the report, York and other directors of Chegg Inc. are accused of concealing the company's role in helping college students cheat on online tests.

The lawsuits claim the students used a Chegg account to receive instant answers to questions on exams administered online.