Action against Defendant, a former financial manager at an electronic component company, for alleged insider trading.  According to the SEC, Defendant purchased shares while in possession of material nonpublic information about his employer’s earnings, sold the stock short, and purchased put option contracts shortly before the earnings announcement was publicized.  Defendant has agreed to pay disgorgement of $55,154.70, prejudgment interest of $3,744.83 and a civil penalty of $55,154.70.

SEC Complaint

SEC Litigation Release