After a six day trial, a jury in the Central District of California found Bradley C. Davis, a former Vice President of Nordson Corporation, liable for insider trading in Nordson stock and options contracts. 

Statement of SEC Division of Enforcement Director Gurbir S. Grewal:

"We are pleased with the jury's verdict holding Bradley C. Davis, a former Vice President of Nordson Corporation, liable for insider trading.  As part of his job, Davis regularly received confidential reports showing the financial performance of Nordson's largest division.  On multiple occasions, he purchased Nordson stock and options contracts on the basis of those reports, which showed strong financial performance, in advance of favorable earnings announcements that exceeded market expectations.  Davis then sold the securities shortly after the earnings were announced, realizing more than $850,000 in profits from the rise in stock price.  This verdict underscores the importance of holding insiders who are entrusted with critical non-public information responsible for illegal trading so that market integrity is maintained."   

More information:

The SEC filed its civil complaint on February 28, 2020. 

Bradley Davis (Release No. LR-24750; Feb. 28, 2020) (sec.gov)