SEC v. Paul W. Jorgensen (insider trading, 2026)

Settled

✓ Checked against the primary document on October 3, 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.

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In March 2026 the Securities and Exchange Commission filed settled charges against Paul Jorgensen, former Doximity chief revenue officer, who allegedly sold 61,162 shares in August 2022 before an earnings call on non-public knowledge of weak sales and failed to report the sales, then traded again days after being fired in 2023, for aggregate profits and losses avoided of about $2,532,775. He consented to a judgment with monetary relief to be set by the court and pleaded guilty to securities fraud in a parallel case on January 9, 2026.

The record

What was ordered

Civil penalty

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Disgorgement

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Prejudgment interest

—

Total relief

—

Alleged gain

$2.5m

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 March 17, 2026 as release LR-26501, filing in the Southern District of New York on March 16, 2026.

The complaint charges Section 10(b) and Rule 10b-5 and Section 16(a) and Rule 16a-3 for the unreported sales. He is awaiting sentencing in the criminal case.

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. 2026-03-17 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.

Related actions

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

Record added September 10, 2026. submit a correction.