SEC v. Benjamin Taylor, Darina Windsor and Joseph Abdul Noor El-Khouri (insider trading, 2019)

Judgment entered

✓ Checked against the primary document on October 4, 2026. The library's summary, tags and figures for this record were compared with the regulator's own document by an AI model (Claude) following written instructions, with sampled and disputed records read a second time. No lawyer has reviewed them. A checked record can still contain errors, and checked does not mean endorsed. See how we check records or report a correction.

Report an error in this record (sec-benjamin-taylor-darina-windsor-insider-trading-2019) by email

Final judgments have been entered against two of the three defendants: a default judgment against Joseph El-Khouri on September 24, 2025 and a consent judgment against Darina Windsor dated February 17, 2026. The outcome for Benjamin Taylor was not checked.

The record

What was ordered

Civil penalty

$4.8m

Disgorgement

$2.4m

Prejudgment interest

$587k

Total relief

$7.8m

Alleged gain

$2m

A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

the Securities and Exchange Commission announced this matter on October 22, 2019 as release LR-24650. The respondents named are Benjamin Taylor, Darina Windsor and Joseph Abdul Noor El-Khouri (2 individuals, 0 entities).

This library tags the matter as insider trading, based on the conduct the regulator describes. Each tag links to a page explaining how that technique works, what statute it engages, and what penalties comparable actions have attracted. The tagging is ours, not the regulator's: agencies charge statutory provisions, not technique names.

The release references a parallel criminal proceeding. Where a criminal case exists, the civil and criminal outcomes are recorded separately, because they resolve on different standards of proof.

Outcome. The El-Khouri judgment (Southern District of New York, filed September 24, 2025) grants the SEC's motion for default, enjoins him, and orders disgorgement of $2,372,229 with prejudgment interest of $587,452 and a civil penalty of $4,744,458. The Windsor final judgment, entered by consent and dated February 17, 2026, enjoins her and orders $50,000 in disgorgement and a $50,000 penalty, payable in two installments. The record stores the sums across those two defendants. Neither document describes facts beyond the allegations. Benjamin Taylor's outcome was not checked, so the matter may still be open against him.

What technique is this, and how does it work?

This action is tagged with one technique in our taxonomy. The tagging is ours: regulators charge statutory provisions, not technique names, so the mapping is an editorial judgement described in our editorial policy.

• Insider trading — see how it works, what statute it engages, and every other action tagged the same way.

Timeline

1. 2019-10-22 Litigation release published
2. 2025-09-24 Default judgment entered against El-Khouri
3. 2026-02-17 Consent judgment entered against Windsor

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

• SEC litigation release
• Final judgment as to Joseph Abdul Noor El-Khouri
• Final judgment as to Darina Windsor

The linked release is a work of the United States government and is not subject to copyright. Our summary and narrative above are our own writing.

Related actions

Other actions in the library sharing at least one technique tag with this one.

Record added September 10, 2026. submit a correction.