Mealey's (November 12, 2019, 2:08 PM EST) -- CHICAGO — A Seventh Circuit U.S. Court of Appeals panel on Nov. 8 ruled that a federal district court’s assessment of a civil penalty against a defendant for his role in an illegal pump-and-dump and insider trading scheme was proper because although the defendant cooperated with government agencies in blowing the whistle on the fraud scheme against the company for which he worked, he has failed to admit any wrongdoing on his part for insider trading (Securities and Exchange Commission v. Gary S. Williky, No. 19-1243, 7th Cir., 2019 U.S. App. LEXIS 33526)....