Mealey's (October 15, 2020, 11:26 AM EDT) -- SAN FRANCISCO — A federal district court’s imposition of a $75,000 civil penalty against a supply chain services company’s former employee for his admitted insider trading in violation of federal securities law was reasonable in light of the appellant’s involvement in the scheme, a Ninth Circuit U.S. Court of Appeals panel ruled Oct. 13 (U.S. Securities and Exchange Commission v. Robert M. Morano, No. 18-386, 9th Cir., 2020 U.S. App. LEXIS 32231)....