Action against Respondent, the friend of an energy company’s director, for alleged insider trading.  According to the SEC, Respondent’s friend shared material nonpublic information about the energy company’s plans for a joint venture.  The SEC alleges that Respondent then bought shares in the company prior to the announcement of the joint venture and sold them thereafter.  Respondent has agreed to pay  disgorgement of $18,527.18, prejudgment interest of $1,348.32, and a civil penalty of $18,527.18.

SEC Order