Action against Respondents, a CPA and a doctor, for allegedly trading while in possession of confidential information regarding an impending acquisition. According to the SEC, Respondent CPA received material nonpublic information from a friend who learned of an acquisition through his employer. The SEC alleges that Respondent CPA shared the confidential information with Respondent doctor, and both Respondents purchased call options in the target company while in possession of the confidential information. Respondent CPA has agreed to pay disgorgement of $7,321, prejudgment interest of $599.34, and a civil penalty of $14,642. Respondent doctor has agreed to pay disgorgement of $15,978, prejudgment interest of $1,511.36, and a civil penalty of $15,978.