Action against Defendant, a former mortgage loan servicing company vice president, for alleged insider trading. The SEC alleges that Defendant learned of his employer’s planned acquisition of another company and received emails regarding the merger prior to the public announcement. According to the SEC, Defendant used a family member’s account to purchase shares and options before the announcement of the acquisition and while in possession of the material nonpublic information. The SEC further alleges that Defendant traded while in possession of material nonpublic information related to two other planned announcements by Defendant’s employer. Defendant has agreed to pay disgorgement of profits, interest, and a penalty equal to the disgorgement amount.