[ by Melanie Gretchen and Howard Haykin ] A former paralegal with  semiconductor company in Kalispell, MT, and her father, pulled off an insider trading job in 2009, making some $67,000 in illicit profits - relatively small potatoes on Wall Street, but in Kalispell .... The daughter triggered the operation after learning that the semiconductor company was to be acquired in 2009 by a Silicon Valley company. SEC Findings and Allegations. Paralegal Angela Milliard gained access to the confidential deal information in October 2009, learning that Applied Materials had entered into advanced merger negotiations with Semitool.  The deal called for Applied Materials to pay a 30% premium for all Semitool shares, and the tender offering was expected to be announced in mid-November. Ms. Milliard wired money to her boyfriend's account for him to purchase Semitool shares.  She also tipped her father, Kenneth Milliard, who traded on the nonpublic information,  Kenneth, in turn, tipped his sons, who also made trades. Following the public announcement of the offering on 11/17/09, the Milliards sold all their shares for illicit profits of more than $67,000. SEC Sanctions. Angela Milliard agreed to pay $22K in disgorgement and prejudgment interest, along with $54K in penalties.  Father Kenneth agreed to pay $52K in disgorgement of his and his sons’ trading profits, including prejudgment interest, plus a $48K penalty. SEC Investigation: Conducted by Jennifer Lee and Jina Choi of the SF Regional Office. For further details, go to [SEC, 5/7/12] and the [SEC complaint].