SEC v. Dishant Gupta (insider trading, 2025)

Judgment entered

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In July 2025 the Securities and Exchange Commission announced a final consent judgment, entered July 29, against Dishant Gupta, an Ipsen employee who bought Epizyme shares before Ipsen announced its acquisition of Epizyme, for about $260,000 in profit. He was held liable for $260,078 in disgorgement and $36,801 in interest, offset by his criminal forfeiture of $260,078; in the parallel case he pleaded guilty and was sentenced to two months in prison.

The record

What was ordered

Civil penalty

—

Disgorgement

$260k

Prejudgment interest

$36.8k

Total relief

$297k

Alleged gain

—

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 judgment on July 30, 2025 as release LR-26364, in a District of Massachusetts case filed September 10, 2024, and follows the September 2024 settled charges recorded separately.

The criminal case is United States v. Gupta. Total liability of $296,879 is offset by the forfeiture.

For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.

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. 2025-07-30 Litigation release published

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

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.

Same matter

The library links these 2 records because they appear to concern one matter: the same lead defendant, an overlapping technique tag and close filing dates, or a shared court docket or a release that cites the other. Records are listed by date filed.

This grouping is the library's, made by matching names, techniques, dates and citations when the site is built. It is not the regulator's or a court's determination that the records are one case, and it errs towards missing a link rather than making a false one.

Related actions

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

Record added September 10, 2026. submit a correction.