SEC v. Terren S. Peizer and Acuitas Group Holdings, LLC (insider trading, 2023)

Dismissed

✓ 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-terren-s-peizer-insider-trading-2023) by email

In March 2023 the SEC charged Terren Peizer, then executive chairman of Ontrak, and his firm Acuitas Group Holdings with insider trading through Rule 10b5-1 plans. On August 7, 2026 the SEC and the defendants jointly stipulated to dismiss the civil action with prejudice. No monetary relief was imposed.

The record

What was ordered

Civil penalty

—

Disgorgement

—

Prejudgment interest

—

Total relief

—

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 matter on March 8, 2023 as release LR-25658. The respondents named are Terren S. Peizer and Acuitas Group Holdings, LLC (1 individual, 1 entity).

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 conduct is recorded against equities.

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.

On August 7, 2026 the SEC filed a joint stipulation with Peizer and Acuitas Group Holdings to dismiss its civil case with prejudice, announced in release LR-26603. The stipulation says the Commission sought dismissal in the exercise of its discretion and that this does not necessarily reflect its position on any other case. The release does not give reasons beyond that, and it does not describe the outcome of the parallel criminal case, which this record does not cover.

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. 2023-03-08 Litigation release published
2. 2026-08-07 SEC and defendants stipulate to dismissal of the civil action with prejudice

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
• SEC release announcing dismissal

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.