Securities and Exchange Commission
Washington, D.C.
Litigation Release No. 17807 / October 25, 2002
, U.S. District Court for the Northern District of Illinois, Civil Action
No. 02C-5206 (JWD/SIS) (July 23, 2002).
The U.S. Securities and Exchange Commission ("Commission") announced
that on October 23, 2002, the Honorable Judge John W. Darrah of the
United States District Court for the Northern District of Illinois
entered an Order of Permanent Injunction against Joseph Sidoryk
("Sidoryk"), Director of Strategic Accounts at Three-Five Systems,
Inc. ("Three-Five") and primary liaison to Motorola, Inc.
("Motorola"), and a resident of Elmhurst, Illinois, Gary L. Camp
("Gary Camp"), a resident of Rock Island, Illinois, Todd Camp, a
resident of Elmhurst, Illinois and Thomas J. Siska ("Siska"), a
resident of Norridge, Illinois. Sidoryk, Gary Camp, Todd Camp and
Siska consented to the entry of the Order without admitting or denying
the allegations of the Complaint. The Order was based on the
Commission's Complaint, filed on July 23, 2002, which alleged that
Sidoryk, Gary Camp, his father-in-law, Todd Camp, his brother-in-law,
and Siska, his friend, engaged in insider trading in the stock of
Three-Five, while in possession of material, non-public information.
Specifically, the Order permanently enjoins Sidoryk, Gary Camp, Todd
Camp and Siska from future violations of Section 17(a) of the
Securities Act of 1933, Section 10(b) of the Securities Exchange Act
of 1934 and Rule 10b-5 thereunder. The Order also requires (1) Sidoryk
to pay disgorgement of $25,559.94, prejudgment interest of $4,020.62,
and a civil penalty of $45,159.94; (2) Gary Camp to pay a civil
penalty of $14,850.00; (3) Todd Camp to pay disgorgement of
$15,343.75, plus prejudgment interest of $2,916.07, and a civil
penalty of $15,343.75; and (4) Siska to pay disgorgement of $4,256.25,
prejudgment interest of $609.16, and a civil penalty of $4,265.25.
The Commission wishes to acknowledge and thank the New York Stock
Exchange, Market Surveillance Program for their assistance in this
matter.
_________________________________________________________________
Modified 10/25/2002
SNIPPETS:
Securities and Exchange Commission
, U.S. District Court for the Northern District of Illinois, Civil Action No. 02C-5206.
Sidoryk, Gary Camp, Todd Camp and Siska consented to the entry of the Order without admitting
The Order was based on the Commission's Complaint, filed on July 23, 2002, which alleged that
Specifically, the Order permanently enjoins Sidoryk, Gary Camp, Todd Camp and Siska from
The Order also requires Sidoryk to pay disgorgement of $25,559.94, prejudgment interest of
The Commission wishes to acknowledge and thank the New York Stock Exchange, Market
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