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SEC Prosecutions

SEC Prosecutions

Permanent Injunctions and Sanctions Against Four in Insider Trading Case

SEC v. Joseph Sidoryk, Gary L. Camp, Todd Camp and Thomas J. Siska

  • 2002
  • $132,315

Defendant Sidoryk was Director of Strategic Accounts at Three-Five Systems, Inc. and the primary liaison to Motorola, Inc., Three-Five’s largest customer. He allegedly tipped the co-defendants that Motorola was scaling back on ordering, who responded by immediately divesting of their Three-Five stock and selling short, resulting in avoidance of losses of approximately $29,816.19 and $15,343.75 in realized and unrealized gains.

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