UNITED SECURITIES AND EXCHANGE COMMISSION

     Litigation Release No. 15401 /  July 2, 1997
     SECURITIES AND EXCHANGE COMMISSION v. JACOB Y. TERNER, NISSAN KAHEN,
PARVIZ
     KAHEN, THEODORE W. DUTTON, GEORGE D. VOIGT, and ANDREA GUILLEN
DUTTON,
     Civil Action No. 97-4812 GHK (JGx) (C.D. Cal.)

          The Securities and Exchange Commission announced that on July 2,
1997,
     it filed an action in United States District Court in Los Angeles,
     California, alleging insider trading in the stock of Century MediCorp,
Inc.
     ("Century"), an operator of HMOs based in Los Angeles, California,
     immediately prior to its acquisition by Foundation Health Corporation
     ("Foundation") in July 1992.  Defendants in the action include Dr.
Jacob Y.
     Terner ("Terner"), then CEO, President and Chairman of the Board of
     Century, and Theodore W. Dutton ("Dutton"), then member of the Board
of
     Century.  Terner and Dutton are alleged to have conveyed material
nonpublic
     information regarding merger negotiations between Century and
Foundation to
     other Defendants.  Specifically, Terner is alleged to have tipped his
     friend and colleague, Defendant Dr. Nissan Kahen, who then profited
     $225,750 by trading Century stock, and who also tipped his brother,
     Defendant Parviz Kahen, who then profited $40,000 by trading Century
stock.
     Dutton is alleged to have tipped his friend and business associate,
     Defendant George Voigt ("Voigt"), who then profited $87,500 by
trading
     Century stock.  Finally, Defendant Andrea Guillen Dutton, Dutton's
     daughter-in-law, is alleged to have profited $16,002.50 by trading
Century
     stock while in possession of material nonpublic information.  All
     defendants reside in Southern California.

          Four of the six defendants have consented to the entry of
permanent
     injunctions prohibiting them from future violations of the antifraud
     provisions of Section 10(b) of the Securities Exchange Act of 1934 and