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SEC NEWS DIGEST Issue 2000-44 March 8, 2000 COMMISSION ANNOUNCEMENTS SUSAN FERRIS WYDERKO NAMED DIRECTOR OF THE OFFICE OF INVESTOR EDUCA TION AND ASSISTANCE On March 7, Chairman Levitt named Susan Ferris Wyderko Director of the Commission's Office of Investor Education and Assistance Ms Wyderko, currently the Director of the Office of Legislative Affairs, will succeed Nancy M Smith Chairman Levitt said, "Finding the right person to lead the Office of Investor Education has been very important to me Susan is that person For 14 years, she has served the Commission with distinction in a variety of capacities As a Counsel to me and as Director of the Office of Legislative Affairs, Susan has proven herself time and time again Her judgment is impeccable, her temperament is excellent and her legal skills are superb America's investors win be well-served by Susan" The Chairman also wishes to thank John Gannon for his outstanding service as Acting Director of the Office of Investor Education since Nancy Smith's departure in October 1999 As Director, Ms Wyderko Will be responsible for managing the Office, which both responds to investor complaints and organizes Investor Town Meetmgs, a national senes of town meetings launched by the SEC III 199.+ to promote public understanding of the secunties markets and awareness of the nsks and rewards of mvesting Ms Wyderko will begin her new duties immediately Prior to becoming the Director of Legislative Affairs in July 1999, Ms Wyderko served as a Counsel to Chairman Arthur Levrtt Before that she was an Assistant General Counsel at the Commission with responsibility for filmg Commission briefs with the Courts of Appeal and the Supreme Court From 1993 to 1995 she was an Assistant Chief Litigation Counsel within the Division of Enforcement of the Commission She earlier headed the Commission's Rule 2(e) program of disciplinary proceedings against professionals who practice before the Commission Before coming to the Comnussion she was an associate with the Washington, DC law firm of Miller & Chevalier, Chartered

SEC News Digest, 03-08-2000 · 2008-03-19 · SEC NEWS DIGEST Issue 2000-44 March 8, 2000 COMMISSION ANNOUNCEMENTS ... (Press Rel 2000-25) ,., NEWS DIGEST, March 8, 2000. CHANGE IN

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Page 1: SEC News Digest, 03-08-2000 · 2008-03-19 · SEC NEWS DIGEST Issue 2000-44 March 8, 2000 COMMISSION ANNOUNCEMENTS ... (Press Rel 2000-25) ,., NEWS DIGEST, March 8, 2000. CHANGE IN

SEC NEWS DIGESTIssue 2000-44 March 8, 2000

COMMISSION ANNOUNCEMENTS

SUSAN FERRIS WYDERKO NAMED DIRECTOR OF THE OFFICE OF INVESTOR EDUCA TION AND ASSISTANCE

On March 7, Chairman Levitt named Susan Ferris Wyderko Director of the Commission's Office of Investor Education and Assistance Ms Wyderko, currently the Director of the Office of Legislative Affairs, will succeed Nancy M Smith

Chairman Levitt said, "Finding the right person to lead the Office of Investor Education has been very important to me Susan is that person For 14 years, she has served the Commission with distinction in a variety of capacities As a Counsel to me and as Director of the Office of Legislative Affairs, Susan has proven herself time and time again Her judgment is impeccable, her temperament is excellent and her legal skills are superb America's investors win be well-served by Susan" The Chairman also wishes to thank John Gannon for his outstanding service as Acting Director of the Office of Investor Education since Nancy Smith's departure in October 1999

As Director, Ms Wyderko Will be responsible for managing the Office, which both responds to investor complaints and organizes Investor Town Meetmgs, a national senes of town meetings launched by the SEC III 199.+ to promote public understanding of the secunties markets and awareness of the nsks and rewards of mvesting Ms Wyderko will begin her new duties immediately

Prior to becoming the Director of Legislative Affairs in July 1999, Ms Wyderko served as a Counsel to Chairman Arthur Levrtt Before that she was an Assistant General Counsel at the Commission with responsibility for filmg Commission briefs with the Courts of Appeal and the Supreme Court From 1993 to 1995 she was an Assistant Chief Litigation Counsel within the Division of Enforcement of the Commission She earlier headed the Commission's Rule 2(e) program of disciplinary proceedings against professionals who practice before the Commission Before coming to the Comnussion she was an associate with the Washington, DC law firm of Miller & Chevalier, Chartered

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Ms Wyderko, 41, is a graduate of Cornell Law School and Wellesley College (Press ReI 2000-23)

TRACEY E. ARONSON NAMED DIRECTOR OF THE OFFICE OF CONGRESSIONAL AND INTER-GOVERNMENTAL AFFAIRS

On March 7, Chairman Levitt named Tracey E Aronson Director of the SEC's Office of Congressional and Intergovernmental Affairs Ms. Aronson, currently Counsel to Chairman Levitt, succeeds Susan Ferris Wyderko and will begin her new duties immediately.

Chairman Levitt said, "Tracey has superb judgment and a keen grasp of the many complex issues facing the Commission These skills, coupled with her experience at the Commission, will be particularly important as the Commission works closely with Capitol Hill and other government agencies on the issues affecting the future of our markets" Chairman Levitt also wishes to thank Ms Wyderko for her loyal service in the position as head of that office

As Director, Ms Aronson will serve as the pnncipal counsel to Chairman Levitt and the Commission on legislative and Intergovernmental matters Prior to becoming Counsel to Chairman Levitt in 1999, Ms Aronson was Special Trial Counsel in the Office of General Counsel, as well as Special Counsel In the DIvision of Enforcement Before joining the Commission in 1992, Ms Aronson was a litigation associate with the Washington, DC office of the law firm of Kaye, Scholer, FIerman, Hayes & Handler, LLP

Ms Aronson, 38, is a graduate of Georgetown University Law Center and Brown University (Press ReI. 2000-24)

SEC AUTHORIZES FILING OF ACTIONS TO RECOVER UNPAID NASD SANCTIONS

The Securities and Exchange Commission and the National Association of Securities Dealers announced today that they are beginning a program to obtain payment of NASD-ordered sanctions from former registered representatives of broker-dealers Registered representatives should not be able to aVOIdpaying a fine or providing restitution

Under the new program, the Commission will file applications in federal district court, pursuant to Section 21(e)( 1) of the Exchange Act, seeking orders requiring payment of outstanding NASD sanctions that have beep or will be affirmed by the Commission The Commission anticipates that following a summary proceeding it will obtain a court order that It or any party that would benefit from the payment, mcluding the NASD, could use to pursue collection of the unpaid fine or restitution The Commission will also use this program to collect sanctions imposed by other self-regulatory organizations in appropriate circumstances

SEC General Counsel David Becker has said, "By seeking court orders requiring payment of NASD sanctions, the Commission will assure that persons sanctioned by the NASD will not be able to escape payment offines or restitution orders" (Press Rel 2000-25)

,., NEWS DIGEST, March 8, 2000

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CHANGE IN THE MEETING: NEW ROOM NUMBER

The open meeting, announced in the March 7 issue of the Digest, scheduled for Wednesday, March 15, at 10.00 a.m., will be held in Room 6600

ENFORCEMENT PROCEEDINGS

COURT HOLDS ATTORNEYS IN CONTEMPT OF ASSET FREEZE ORDERS; ORDERS THEM TO DISGORGE ILLEGALLY OBTAINED MONIES

The Commission announced that on February 28, 2000, the Honorable Chnstma A Snyder of the Central Distnct of California issued a Judgment Of Civil Contempt Agamst Attorneys Richard Sherman, Robert Young, Allison Arabian and Enc Mercer The Court issued its contempt judgment based on findings that the attorneys violated asset freeze orders previously issued by the Court Specifically, the attorneys received $98,980 of the over $830,000 fraudulently raised from investors by Defendants Peter Sacker, Jerry W Anderson and Robert M. Kerns in violation of the Court's temporary restraming order Issued September 22. 1997, and preliminary injunction entered October 16, 1997

The Court ordered that within ten days the contemnor attorneys disgorge the following amounts that they received in violation of its asset freeze orders Sherman is to disgorge $54,980, Young is to disgorge $17,500, Arabian IS to disgorge $5,000, Mercer is to disgorge $21,500 The Court further ordered that each of the attorneys provide sworn accountings of monies they had received smce issuance of the temporary restrainmg order [SEC v Whitworth Energy Resources, Ltd, WIlliston Basin Holding Corp, Amerivest Fmancial Group, Inc., Peter Sacker, Jerry W. Anderson, and Robert M Kerns, Crvil Action No 97-6980

CAS, SHx, CD. Cal] (LR-16463)

SEC CHARGES JOHN PACOWTA, FORMER DIRECTOR OF CENTER FINANCL-\L CORPORA TION, WITH INSIDER TRADING

The Commission today announced the filing of insider tradmg charges against John J

Pacowta, a resident of Middlebury, Connecticut, and a former director of Center Fmancial Corporation, a bank holding company The Commission alleged that Pacowta illegally bought Center Financial stock ahead of a public announcement by First Union Corporation on June 17, 1996, that it intended to acquire Center Financial via merger According to the Commission, prior to hIS purchase, Pacowta attended a meeting of Center Financial's board of directors at which he learned that First Union was interested in acquinng Center Financial and that Center Financial's board of directors had voted to hold a special meetmg the following week, with its investment bankers present, to discuss a possible sale or merger Pacowta made an unrealized profit of $4,985 88 on his Center Financial purchase Pacowta agreed, without admitting or denying the Commission's allegations, to pay a CIvil penalty of $4,985 88 and to the entry of an injunction prohibiting him from future

violations The Commission did not seek disgorgement because Pacowta already had paid to Center Financial more than the full amount of his ill-gotten gains due to a short-swing

3 NEWS DIGEST, March 8, 2000

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profit resulting from the same trade [SEC v. John]. Pacowta, Civil Action No. 300-CV-00426, JCH, D. Conn.] (LR-16464)

SEC CHARGES NICHOLAS MIHALAS, FORMER DIRECTOR OF CENTER FINANCIAL CORPORATION, WITH INSIDER TRADING

The Commission today announced the filing of insider trading charges against Nicholas M Mihalas, a resident of Kiawah Island, South Carolina, and a former director of Center FInancial Corporation, a bank holding company The Commission alleged that Mihalas illegally bought Center Financial stock ahead of a public announcement by First Union Corporation on June 17, 1996, that it intended to acquire Center Financial via merger According to the Commission, prior to his purchase, Mihalas attended a meeting of Center Financial's board of directors at which he learned that First Union was interested in acquiring Center Financial and that Center Financial's board of directors had voted to hold a special meeting the following week, with its Investment bankers present, to discuss a possible sale or merger Mihalas made an unrealized profit of $175,085 on his illegal Center Financial purchase Mihalas agreed, without admitting or denying the Commission's allegations, to pay $404,925 96 In disgorgernent, prejudgment Interest and civil penalties and to the entry of an injunction prohibiting him from future violations ISEC v , ;\'lcho]a.., ;\1. Mihalas, Crvil Acuon No. 2:00-0726-23, D.S.C.] (LR-16465)

INVESTMENT COMPANY ACT RELEASES

FIRST INVESTORS CORPORATION, ET AL.

An order has been issued on an application filed by First Investors Corporation, et al under Secuon 26(b) of the Investment Company Act The order permits the substitution of shares

of an open-end management investment company for shares of another open-end management investment company as the underlying securities of periodic payment plans organized as a unit investment trust (Rei IC-24329 - March 7)

HOLDING COMPANY ACT RELEASES

NORTHEAST UTILITIES, ET AL.

An order has been issued authorizing Northeast Utilities (NU), a registered public utility

holding company, and its subsidiaries to pay dividends and/ or repurchase stock out of capital or unearned surplus NU also proposes to Issue shares of stock (ReI 35-27147)

NORTHEAST UTILITIES, ET AL.

An order has been issued authorizing Northeast Utilities (NU), a registered public utility holding company, and Northeast Generation Services Company (NGSC), an Indirect

NEWS DIGEST, March 8.2000 4

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nonutility subsidiary of NU, to engage in certain transactions Specifically, NU proposes to guarantee certain obligations and to use the proceeds of securities issuances to invest in exempt wholesale generators in an amount not to exceed 83% of its consolidated retained earnings. In addition, NGSC proposes to provide services to an associate company at other than cost. (ReI. 35-27148)

SELF-REGULATORY ORGANIZATIONS

PROPOSED RULE CHANGE

A proposed rule change (SR-MSRB-00-03) was filed by the MUOlcipal Securiues Rulemaking Board relating to underwriting and transaction assessments Publication of the notice in the Federal Register is expected during the week of March 6 (ReI 34-42492)

IMMEDIA TE EFFECTIVENESS OF PROPOSED RULE CHANGE

A proposed rule change filed by the National Association of Securities Dealers regarding deferral of the implementation date of riskless principal trade reporting rules (SR-NASD-00-06) has become effective under Section 19(b )(3 )(A) of the Securities Exchange Act of 1934 Publication of the proposal is expected to be made in the Federal Re!!ister dunng the week of March 6 (Rei 34-42494)

SECURITIES ACT REGISTRATIONS

The following registration statements have been filed With the SEC under the Securities Act of 1933. The reported information appears as follows Form, Name, Address and Phone Number (If available) of the issuer of the security, Title and the number and/or face amount of the securities being offered: Name of the managing underwriter or depositor (If applicable), File

number and date filed, Assigned Branch, and a designation If the statement is a New Issue

Registration statements may be obtained in person or by writing to the Commission's Public Reference Branch at 450 Fifth Street, N W , Washington, DC 20549 or at the following e-mail box address' <publicinfo@sec gov> In most cases, tlus mformation is also available on the Commission's website <www.sec gov>

F-7 COM DEV INTERNATIONAL LTD, 155 SHELDON DR, CZlJ'1BRIDGE ONTARIO IJlR 7HE, A6 00000 - 8,055,726 ($25,473,526.91) FOREIGN COMMON STOCK. (FILE 333-11512 -FEB. 17) (SR. 7 - NEW ISSUE)

5 NEWS DIGEST, March 8, 2000

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F-10 CLEARNET COMMUNICATIONS INC, 1305 PICKERING PARKWAY SUITE 300,PICKERING, ONTARIO CANADA LIV 3P2, A6 (905) 831-6222 - $2,570,763STRlI.IGHTBONDS. (FILE 333-11520 - FEB. 22) (BR. 7)

F-1 PSI TECHNOLOGIES HOLDINGS INC, ELECTRONICS AVE, FTI COMPLEX, TAGUIG, METRO MANILA, PHILIPPINES, R6 00000 (011) 632-8384 -$56,350,000 FOREIGN COMMON STOCK. (FILE 333-11528 - FEB. 23) (BR. 5 - NEW ISSUE)

S-B REPUBLIC OF ARGENTINA, 1901 L ST NW STE 606, OFFICE OF FINANCIAL REP OF ARGENTINA, WASHINGTON, DC 20036 - 1,300,000,000 ($1,300,000,000) FOREIGN GOVERNMENT AND AGENCY DEBT. (FILE 333-11542 -FEB. 24)

S-B SOUTH AFRICA REPUBLIC OF, 3201 NEW MEXICO AVE N W,clo CH DU TOIT - PRIN REP OF SOUTH AFRIC, WASHINGTON, DC 20016 -1,534,093,750 ($1,534,093,750) FOREIGN GOVERNMENT AND AGENCY DEBT. (FILE333-11546 - FEB. 24) (BR. 99)

F-6 PSI TECHNOLOGIES HOLDINGS INC IADRI, BANK OF NEW YORK,101 BARCLAY ST 22ND FLR, NEW YORK, NY 10286 (212) 815-2084 - 20,000,000 ($1,000,000) DEPOSITARY RECEIPTS FOR COMMON STOCK. (FILE 333-11548 -FEB. 24) (BR . 99)

F-8 ABITIBI CONSOLIDATED INC, 800 RENE LEVESQUE BLVD WEST, SUITE 1800,MONTREAL QUEBEC, E6 (514) 875-2160 - 6,823,185 ($78,807,786.75)FOREIGN COMMON STOCK. (FILE 333-11552 - FEB. 25) (BR. 4)

S-1 CHEMATCH COM INC, 2900 NORTH LOOP WEST, SUITE 1120, HOUSTON, TX 77092 (713) 681-6600 - $50,400,000 COMMON STOCK. (FILE 333-31380 - MAR. 01)(BR. 8 - NEW ISSUE)

S-l STN~FORD MICRODEVICES INC, 522 ALAMANOP AVE, SUNNYVALE, CA 94806 (408) 616-5400 - $50,000,000 COMMON STOCK. (FILE 333-31382 - MAR. 01)(BR. 36 - NEW ISSUE)

S-8 EXABYTE CORP IDEI, 1685 38TH ST, BOULDER, CO ,80301 (303) 442-4333 -750,000 ($6,873,000) COMMON STOCK. (FILE 333-31384 - MAR. 01) (BR. 3)

~-4 C'ONSCLIDATE[\ EDISON INC IDE, 4 IPVING PLACE, 1618-S, NEW YORK, NY 100r;3 (212) 460-4132 - 268,854,640 ($7,062,126,075) COMMDN STOCK. (FILE333-31390 - MAR. 01) (BR. 2 - NEW ISSUE)

S-3 DYNEGY HlC IILI, 1000 LOUISIANA, STE 5800, HOUSTON, TX 77002 (713) 367-7600 - $765,867,940 COMMON STOCK. (FILE 333-31394 - MAR. 01)(BR. 4)

S-l NEW FOCUS INC, 2630 WALSH AVENUE, 408-980-8088, SANTA CLARA, CA 95051 (408) 980-8088 - $86,250,000 COMMON STOCK. (FILE 333-31396 - MAR. 01)(BR. 36)

S-8 EDJCATION MANAGEMENT CORPORATION, 300 SIXTH AVENUE, PITTSBURGH, PA 15222 (4E) 562-0900 - 2,500,000 ($31,950,000) COMMON STOCK. (FILE 333-31398 - MAR. OIl (BR. 8)

6 NEWS DIGEST, March 8, 2000

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S-4 LUCENT TECHNOLOGIES INC, 600 MOUNTAIN AVE, MURRAY HILL, NJ 07974 (908) 582-8500 - 54,519,127 ($2,753,128,940.19) COMMON STOCK. (FILE 333-31400 - MAR. 01) (BR. 7)

S-8 GALAXY FOODS CO, 2441 VISCOUNT ROW, ORLANDO, FL 32809 (407) 855-5500 -71,428 ($270,105) COMMON STOCK. (FILE 333-31402 - MAR. 01) (BR. 4)

S-8 ANACOMP INC, 12365 CROSTHWAITE CIRCLE, POWAY, CA 92064 (858) 679-9797 -750,000 ($13,078,125) COMMON STOCK. (FILE 333-31404 - MAR. 01) (BR. 5)

S-8 GALAXY FOODS CO, 2441 VISCOUNT ROW, ORLANDO, FL 32809 (407) 855-5500 -60,000 ($226,890) COMMON STOCK. (FILE 333-31406 - MAR. 01) (BR. 4)

S-8 SIPEX CORP, 22 LINNELL CIRCLE, BILLERICA, MA 01821 (978) 667-8700 -2,316,500 ($36,734,504.81) COMMON STOCK. (FILE 333-31410 - V~R. 01) (BR. 5)

S-8 FIBERCHEM INC, 1181 GRIER DR STE B, LAS VEGAS, NV 89119 (702) 361-9873

- 6,500,000 ($7,020,000) COMMON STOCK. (FILE 333-31412 - MAR. 01) (BR. 5)

S-3 UNITED SHIPPING & TECHNOLOGY INC, 9850 51ST AVE N, STE 110,MINNEAPLOLIS, MN 55442 (612) 941-4080 - 6,575,712 ($81,990,909)COMMON STOCK. (FILE 333-31414 - MAR. 01) (BR. 9)

S-8 INFORMATION RESOURCES INC, 150 N CLINTON ST, CHICAGO, IL 60661

(312) 726-1221 - 310,000 ($2,383, 900) co~n10l~ STOCK. (FILE 333-31416 -MAR. 01) (BR. 6)

S-3 ARADIGM CORP, 3929 POIl!T EDE!! WAY, W',-xvU,RI' , cr. 9 ~ ':'4 5 (51 C I

2,875,000 ($84,726,250) COMMOIl STOCK. (FILE 333-31418 - HAP. 01; (E? S

S-8 EPIPHANY INC, 1900 S8UTH NORFOLK STREET, SUITE 310, SkI! l':';;'TE~, c;.. 94403650) 496-2430 - 1,081,964 ($177,103,98'::;.251 C:JHHoti STOCK. 1,051,9c4

($177,103,982.25) WARRANTS, OPTIONS 8R RIGHTS. (FILE 333-31420 - Hr..R. O}., (BR. 8)

S-8 U S LABORATORIES INC, 7895 CONVOY COURT, SUITE 18, S.llJ'J DIEGO, ci; 92111

(619) 715-5800 - 30,000 ($114, 375) CO~IMON STOCK. (FILE 333-31422 -MAR. 01) (BR. 9)

S-4 TARRAGON REALTY INVESTORS INC, 310C' HOI1TICELLO Xv'E, STE 200, W1.L::.J..S, Ti: 75205 (214) 599-2200 - 2,000,000 ($2l,120,000) CmIMON STOCK. (FILE

333-31424 - MAR. 01) (BR. 8)

S-8 BROWN TOM INC /DE, 508 W WALL, STE 500, MIDLAND, TX 7Q701 ('=<15) 082-9715 - 500,000 ($6,250,000) COMMON STOCK. (FILE 333-31426 - H.L..R. 01) (BR. 4)

S-3 REMEC INC, 9404 CHESAPEAKE DRIVE, SAN DIEGO, CJ... 92123 (619) 560-1301 -4,312,500 ($139,897,500) COMMON STOCK. (FILE 333-31428 - l'1.L..R. 01) 'BR. 5,

S-l STORAGENETWORKS INC, 100 FIFTH AVE, vlALTHAM, 1'1A 02451 (781) 434-6700 -$270,000,000 COMMON STOCK. (FILE 333-31430 - MAR. 01)

7 NEWS DIGEST, March 8, 2000

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S-l TRITON NETWORK SYSTEMS INC, 8529 SOUTH PARK CIRCLE,SAND LAKE WEST BUSINESS PARK, ORLANDO, FL 32819 (407) 903-0900 -$75,000,000 COMMON STOCK. (FILE 333-31434 - MAR. 01)

S-4 :NTERPUBLIC GROUP OF COMPANIES INC, 1271 AVE OF THE AMERICAS, NEW YORK, NY 10020 (212) 399-8000 - 14,042,025 ($482,578,125) COMMON STOCK. (FILE333-31436 - MAR. 01) (BR. 2)

S-l ZEBU, 595 MARKET STREET, 6TH FLOOR, SAN FRANCISCO, CA 95104 (415) 543-7338 - $64,000,000 COMMON STOCK. (FILE 333-31440 - MAR. 01)

S-3 AVANIR PHARMACEUTICALS, 9393 TOWNE CENTRE DR, STE 200, SAN DIEGO, CA93121 (858) 410-2600 - 627,290 ($1,500,000) COMMON STOCK. (FILE 333-31442- MAR. 01) (BR. 1)

S-8 ON2COM INC, 375 GREENWICH STREET, NEW YORK, NY 10013 (212) 941-2400 -5,500,000 ($123,750,000) COMMON STOCK. (FILE 333-31448 - MAR. 02) (BR. 9)

S-8 vlHITTMAN HART INC, 311 SOUTH WACKER DR, STE 3500, CHICAGO, IL 60606 (312) 922-9200 - 25,554,079 ($371,855,910.26) COMMON STOCK. (FILE333-31452 - MAR. 02) (BR. 8)

S-8 EARTH SCIENCES INC, 910 12TH ST, GOLDEN, CO 80401 (303) 279-7641 -243,890 ($63,411) COMMOH STOCK. (FILE 333-31454 - MAR. 02) (BR. 4)

S-3 PIBOZYME PHARMACEUTICALS INC, 2950 WILDERNESS PLACE, BOULDER, CO 80301 (303) 449-6500 - 3,622,500 ($180,219,375) COMMON STOCK. (FILE 333-31456 -Jv'lAR. (BR. 9) 02)

S-l SUPPLIERMARKET COM INC IDE, 10 MALL ROAD, BURLINGTON, MA 01803 (781) 273-6700 - $100,000,000 COJvlMONSTOCK. (FILE 333-31458 - MAR. 02)(NEvIISSUE)

RECENT 8K FILINGS

Form 8-K IS used by comparnes to file current reports on the followrng events

Item 1 Changes in Control of Registrant Item 2 Acquisition or Dispositiori of Assets Item 3 Barikruptcy or Receivership Item 4 Changes In Registrant's Certifying Accountant Item 5 Other Materially Important Events. Item 6 Resignations of Registrant's Directors Item 7 Financial Statements and Exhibits Item 8 Change in Fiscal Year Item 9 Regulation S Offerings

The following companies have filed 8-K rep-orts for the date indicated and/or amendments to 8-K reports previously filed, responding to the itemts) of the form specified 8-K reports may be obtained In person or by writing to the Commission's Public Reference Branch at 450 Fifth Street, N W, Washington, DC 20549 or at the following e-mail boxaddress<publicinfo@secgov>Inmostcases.this information IS also available on the Commission's website <www sec gov>

8 NEWS DIGEST, March 8,2000

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STATE BK ITEM NO.NAME OF ISSUER CODE 1 2 3 4 5 6 7 B 9 DATE COMMENT

ABN 3

AMRO MORTGAGE CORP SERIES 1998- DE X 02/25/00

ABN 4

AMRO MORTGAGE CORP SERIES 1998- DE X 02/25/00

ABN 5

AMRO MORTGAGE CORP SERIES 1998- DE X 02/25/00

ABN AMRO 1

MORTGAGE CORP SERIES 1999- DE X 02/25/00

ABN 2

AMRO MORTGAGE CORP SERIES 1999- DE X 02/25/00

ABN 6

AMRO MORTGAGE CORP SERIES 1999- DE X 02/25/00

ABN 7

AMRO MORTGAGE CORP SERIES 1999- DE X 02/25/00

ACADIA GROUP INC ACCEPTANCE INSURANCE COMPANIES INC ACCREDITED HOME LENDERS INC ALBANY MOLECULAR RESEARCH INC ALLEGHENY ENERGY INC ALLEGHENY ENERGY INC ALLEN ORGAN CO AMERICAN BIOGENETIC SCIENCES INC AMERICAN SOUTHWEST FINANCIAL S~CURI

TIES CORP

CO DE CA DE MD MD PA DE AZ X

X

X X

X

x X

x

X

x x

x

12/31/99 .i\MEl1D 02/28/0002/24/0012/21/99 AMElJD 02/03/0003/02/0003/07/0001/27/0002/25/00

AMERUS LIFE HOLDINGS INC ANADARKO PETROLEUM CORP

IA DE

x X x

02/21/0003/07/00

1-.MEND

ANCHOR BANCORP WISCONSIN INC ANGEION CORP/MNAREMISSOFT CORP /DE/ARINCO COMPUTER SYSTEMS INC ART TECHNOLOGY GROUP INC ATLANTIC CITY BOARDWALK ASSOCIATES

wr MN DE NM DE NJ

X

X x

x x

x X

X

x

06/07/9912/2 1 / 9 9

12/3 J / 9 9 03/31/0003/07/0001/31/00

A.I'1END Al'lEND

ANEllD

LP Bh HORTGAGE SECURI':'IESHJC H':;PTl:;::; LIE

THR CERT SER 1998-4 BA MORTGAGE

CERT SER SECURITIES 1998-5

INC PASS THR DE X 02/25/00

BALL CORP BANK OF AMERICA

ASS THR CERT MORT SEC INC

SER 2000 1 MORT P

IN DE X X

03/06/0001/25/00

BANK OF INC

AMERICA MORTGAGE SECURITIES DE X x 02/25/00

BASIC EARTH SCIENCE SYSTEMS INC BEAR STEARNS COMMERCIAL MORTGAGE

CURITIES INC SE

DE DE X

x 02/16/0002/21/00

BIOMAGNETIC TECHNOLOGIES BROADCOM CORP BSMS 1999-1 BUILDERS TRANSPORT INC CAIS INTERNET INC

INC CA CA DE DE DE

X x x x x

x X

X

X

X

12/22 / 9 9

03/01/0002/25/0002/21/0003/07/00

j'\HENr

NEWS DIGEST, March 8, :WOO 9

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STATE 8K ITEM NO.NAME OF ISSUER CODE 1 2 3 4 5 6 7 8 9 DATE COMMENT

CAMBIO INC CAPITAL ONE FINANCIAL CORP CAPITAL ONE MASTER TRUST CDSI HOLDINGS INC CENTURYTEL INC CERPROBE CORP CHEC FUNDING LLC CHEVRON CORP CHEVRON CORP CNF TRANSPOPTATION INC CNH RECEIVABLES INC COMMAIID SECURITY CORP COMMUNITY FINANCIAL CORP /IL/COMPOSITECH LTD CONCEPT CAPITAL CORP CORECOMM LTD COUlITRY WORLD CASINOS INC CPI CORP CROWN CENTRAL PETROLEUM CORP /MD/CT COI'1MUNICATIONS INC /NCCUBIC ENERGY INC CUBIST PHJI.RMACEUTICALS INC CvJABS INC ASSET BACKED CERTIFICATES

SERIES 1999 4 CvJABS INC ASSET BACKED CERTIFICATES

SERIES 1999-1 CvJABS HlC ASSET BACKED CERTIFICATES

SERIES 1999-2 CWI1BS INC R}\STA 1999-A6 1999-F CW1'1BSINC RASTA 1999-A8 1999-H CWMBS INC RASTA 1999-A9 1999-1 CYBERGOLD INC DAIMLER BENZ AUTO GRANTOR TRUST 199

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AMEND

AMEND

AMEND

AMEND

AMEND

AMEND

10 1'..TEWSDIGEST, March 8, 2000

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NAME OF ISSUER

EXCO RESOURCES INC FIRST UNION COMMERCIAL MORTGAGE SEC

URITIES INC FIRSTCOM CORP FLIR SYSTEMS INC FLORIDAFIRST BAN CORP FLOTEK INDUSTRIES INC/CN/FOREMOST CORP OF AMERICA FULTON FINANCIAL CORP FX ENERGY INC GARTNER GROUP INC GELTEX PHARMACEUTICALS INC GENERAL MOTORS CORP GIRNE ACQUISITION CORP GLOBAL TELECOMMUNICATION SOLUTIONS

INC GMAC COMMERCIAL MORTGAGE SECURITIES

INC GRAND COURT LIFESTYLES INC GREG MANNING AUCTIONS INC HAFLEY DAVIDSON INC HCC INSURANCE HOLDINGS INC/DE/HEALTHGRADES CON INC HOMEBASE INC HSB GROUP INC HUNTINGTON BANCSRZl.RESINC/MD ICG COMMUNICATIONS INC /DE/ICG FUNDING LLC ICG HOLDINGS CANADA eo /eo/ ICG HOLDINGS INC ICG SERVICES INC IDAHO CO ILEX ONCOLOGY INC ILIVE INC/NVIMH ASSETS CORP IMPAC CMB TRUST SER

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INTERMET CORP INTERNATIONAL REALTY GROUP INC IPC COMMUNICATIONS INC /DE/IPC INFORMATION SYSTEMS INC ISLE OF CAPRI CASINOS INC IXNET INC JDN REALTY CORP KAISER GROUP INTERNATIONAL INC KANKAKEE BANCORP INC LASER TECHNOLOGY INC LIFE ONE INC LITEWAVE CORP LYONDELL CHEMICAL CO MAGNA ENTERTAINMENT CORP

11 NEWS DIGEST, March 8,2000

STATE 8K ITEM NO.CODE 1 2 3 4 5 6 7 8 9 DATE COMMENT

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STATE BK ITEM NO. NAME OF ISSUER CODE 1 2 3 4 5 6 7 B 9 DATE COMMENT

MARITRANS INC /DE/ DE X X X 12/22/99 AMEND MAS ACQUISITION XVII CORP IN X X X X X X 03/06/00MAS ACQUISITION XVIII CORP IN X X X X X 03/06/00 t1EDAREX INC NJ X X 03/07/00MEDIMMUNE INC /DE DE X 02/17/00MEDIX RESOURCES INC CO X 02/19/00MILLENIUM HOLDING GROUP INC /AZ/ NV X X 03/04/00MODERN MEDICAL MODALITIES CORP NY X 03/03/00MONARCH SERVICES INC DE X X 02/29/00MOTOR COACH INDUSTRIES INTERNATIONA DE X X X 03/01/00

L INC NETCURRENTS INC/ DE X 12/11/99 AMEND NETIQ CORP X X 02/26/00NEW WORLD PASTA CO DE X 03/06/00NEWS EDGE CORP DE X X 02/18/00NEXTEL PARTNERS INC DE X X 02/28/00NORTHSTAR HEALTH SERVICES INC DE X X 03/06/00NUEVO ENERGY CO DE X X 02/04/00 AMEND OBJECTSHARE INC DE X X 03/06/00OMHICOMM SYSTEMS INC DE X X X X 03/06/00ONYX ACCEPTANCE FINANCIAL CORP DE X X 02/28/00OPTION ONE MORT ACCEP CORP ASSET BA DE X X X 02/29/00

CKED CERT SER 2000-1 OTS HOLDINGS INC CO x x 01/06/00OXIGENE INC DE X X 03/07/00P D C INNOVATIVE INDUSTRIES INC NV X X X X 03/06/00PACIFIC CAPITAL BANCORP /cAI CA X 12/31/00PACIFIC DEVELOPMENT CORP CO X 02/18/00PARAMOUNT SER~CES CORP DE 02/25/00PATHOBIOTEK DIAGNOSTICS INC/TX TX x 03/07/00PENTASTAR COMMUNICATIONS INC DE X X 02/18/00PERLE SYSTEMS LTD X X 02/17/00PHOENIX INTERNATIONAL LTD INC FL X 'X 02/14/00PINNACLE BUSINESS MANAGEMENT INC IN NV X X X X 03/03/00

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12 NEWS DIGEST, March 8, 2000

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--------------------------------------------------------------------------STATE 81< ITEM NO.

NAME OF ISSUER CODE 1 2 3 4 5 6 7 8 9 DATE COMMENT

SAFETY KLEEN CORP/SILVERTHORNE PRODUCTION CO SKYLANDS FINANCIAL CORP SNYDER COMMUNICATIONS INC SOLIGEN TECHNOLOGIES INC SOLUTIA INC SOUTHWEST BANCORP OF TEXAS INC SPRINT CORP ST LAWRENCE SEAWAY CORP STAFF LEASING INC STERLING VISION INC STRUCTURED ASSET SEC CORP PASS

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AMEND

AMEND

STRUCTURED PRODUCTS SUNRISE TECHNOLOGIES

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13 NEWS DIGEST, March 8, 2000