The U.S. Securities and Exchange Commission charged David Roda, former software engineer at the online and mobile gambling experiences provider Penn National Gaming, with insider trading.

The charges relate to PENN’s $2B acquisition of Canadian company Score Media and Gaming.

U.S. Attorneys say David Roda, 36 of Philadelphia, used knowledge of an upcoming acquisition to net $560,000 of profit. They say while he was the Director of Backend Architecture for Penn Interactive, he learned Penn National was considering buying Score Media and Gaming.

Also, the former software engineer purchased 500 out-of-the-money call options on Score Media in the weeks and days leading up to the announcement of the acquisition. Additionally, Roda tipped a friend, Andrew Larkin, who is also charged.