In a complaint filed by the Securities and Exchange Commission (SEC) against Thomas P. Flanagan and Patrick T. Flanagan in the U.S. District Court Northern District of Illinois Eastern Division, the SEC made the following allegations:

A. That Thomas P. Flanagan (“Flanagan”), a former partner and a Vice Chairman at the Big Four accounting firm Deloitte and Touche LLP (“Deloitte”) engaged in repeated insider trading. Flanagan traded in the securities of multiple Deloitte clients on the basis of inside information that he learned through his duties as a Deloitte partner. The inside information concerned market moving events such as earnings results, revisions to earnings guidance, sales figures and cost cutting, and an acquisition. Flanagan’s illegal trading resulted in profits of more than \($430,000.\) 

B. That Flanagan shared the information with his son Patrick. Patrick then traded based on the information. Patrick’s illegal trading resulted in profits of more than \($57,000. What\) is the likely outcome of each allegation and why? Explain.