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SEC v TRACIE CARPIN, KIMBERLY DAVIS, et al Click to find out why . . .



Keywords & Phrases
CaseNo: LR-16655, CourtCode: DIS, CourtName: INJUNCTIVE ACTION IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT, Defendant: Tracie Carpin, Kimberly Davis, Nedene Greer and Tommy Dalton Greer, Plaintiff: SEC, State: WA Washington, UniqueCaseRef: SEC>LR-16655, Greer, Securities, Tracie Carpin, Kimberly Davis, Nedene Greer, Inbrand, Tommy Dalton Greer, Trading, Complaint Alleges, Catalina, Exchange Commission, Civ Action, Settles, Insider Trading, District, Marketing, Act, Prior, Wife, Stepdaughters, Sold, Shares, Avoided Losses, Possession, Material Nonpublic Information, Nasdr, Assistance, Matter , ContentID: 120241457

Case Documents
1 2000-08-17 SEC LITIGATION RELEASE
[ see first page and extracted highlights below  ] ItemID: 104550
1 pages
HTML
Total Documents: 1 document , 1 page.    CAUTION.    PLEASE NOTE THAT THIS IS A ONE PAGE CASE.
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1 . SEC LITIGATION RELEASE

EXTRACTED KEY WORDS
SECURITIES
TRACIE CARPIN
KIMBERLY DAVIS
NEDENE GREER
INBRAND
TOMMY DALTON GREER
TRADING
COMPLAINT ALLEGES
CATALINA
EXCHANGE COMMISSION
CIV ACTION
SETTLES
INSIDER TRADING
DISTRICT
MEMBERS
MARKETING
DEFENDANTS
ACT
PRIOR
WIFE
STEPDAUGHTERS
SOLD
SHARES
AVOIDED LOSSES
POSSESSION
MATERIAL NONPUBLIC INFORMATION
NASDR
ASSISTANCE
MATTER
   SECURITIES AND EXCHANGE COMMISSION
   Washington, D.C.

   LITIGATION RELEASE NO. 16655 \ August 17, 2000

   TRACIE CARPIN, KIMBERLY DAVIS, NEDENE GREER
   AND TOMMY DALTON GREER, 00 Civ Action No. 01996 (August 17, 2000)

   SEC SETTLES INSIDER TRADING CASE AGAINST TOMMY DALTON GREER, NEDENE
   GREER, TRACIE CARPIN, and KIMBERLY DAVIS

   The U.S. Securities and Exchange Commission filed today a settled
   injunctive action in the United States District Court for the District
   of Columbia against Tommy Dalton Greer, Nedene Greer, Tracie Carpin,
   and Kimberly Davis in , 00 Civ Action No. 01996. The complaint alleges
   that in March and May of 1997 Tommy Dalton Greer and members of his
   family engaged insider trading in the securities of Catalina Marketing
   Corporation, a Florida marketing company and Inbrand Corporation,
   formerly a Georgia adult incontinence product manufacturer. At the
   time of the trading, Greer was a member of the board of directors of
   Catalina and Inbrand. Without admitting or denying the allegations of
   the complaint, the defendants consented to the entry of a final
   judgment permanently enjoining them from violating the antifraud
   provisions of the federal securities laws (Section 17(a) of the
   Securities Act of 1933 and Section 10(b) of the Securities Exchange
   Act of 1934 and Rule 10b-5, thereunder), and ordering them to pay
   disgorgement of unjust enrichment of $163,750.58 and civil penalties
   totaling $161,181.03.

   The complaint alleges that prior to Catalina's announcement on March
   31, 1997 of disappointing fourth quarter earnings, Greer learned this
   information and knowingly or recklessly provided to his wife, Nedene
   Greer, and his two stepdaughters, Tracie Carpin and Kimberly Davis.
   Nedene Greer, Carpin and Davis each sold or caused to be sold shares
   of Catalina. In addition, the complaint alleges that Greer learned
   prior to the May 13, 1997 announcement that Tyco International Ltd.
   would acquire Inbrand and provided that information knowingly or
   recklessly to his wife and stepdaughter, each of whom purchased or
   caused to be purchased shares of Inbrand. The defendants realized
   unlawful profits and avoided losses of at least $129,119 from trading
   while in possession of material nonpublic information about Catalina
   and Inbrand.

   The Commission acknowledges and gives special thanks to the NASDR for
   their assistance in this matter.
     _________________________________________________________________

Modified 08/17/2000
SNIPPETS:
  • TRACIE CARPIN, KIMBERLY DAVIS, NEDENE GREER
  • SEC SETTLES INSIDER TRADING CASE AGAINST TOMMY DALTON GREER,
  • The U.S. Securities and Exchange Commission filed today a settled injunctive action in the
  • The complaint alleges that in March and May of 1997 Tommy Dalton Greer and members of his
  • Without admitting or denying the allegations of the complaint, the defendants consented to
  • The complaint alleges that prior to Catalina's announcement on March 31, 1997 of
  • Carpin and Davis each sold or caused to be sold shares of Catalina.
  • In addition, the complaint alleges that Greer learned prior to the May 13, 1997 announcement
  • The defendants realized unlawful profits and avoided losses of at least $129,119 from trading
  • The Commission acknowledges and gives special thanks to the NASDR for their assistance in
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