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                SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C.

Litigation Release No. 14878 / April 16, 1996

SECURITIES AND EXCHANGE COMMISSION v. MERVYN COOPER and 
KENNETH E. ROTTENBERG, Civil Action No. 95-8535 (C.D. Cal.
filed December 11, 1995)

     The Securities and Exchange Commission announced the filing
of a Final Judgment and Consent of Kenneth E. Rottenberg
in settlement of a previously filed action in the United States
District Court for the Central District of California.  The
previously filed complaint alleged that Mervyn Cooper, a
psychoanalyst and licensed clinical social worker, tipped inside
information to his friend Rottenberg regarding Lockheed's plans
to merge with Martin Marietta Corporation.  Cooper had learned
that information while providing confidential marriage
counselling to a Lockheed executive.  Cooper and Rottenberg then
purchased Lockheed securities prior to the August 29, 1994,
public announcement of Lockheed's and Martin Marietta's merger
agreement.

     Without admitting or denying the allegations made against
him, defendant Kenneth E. Rottenberg has consented to the entry
of a Final Judgment of Permanent Injunction and Other Relief,
permanently enjoining him from future violations of the antifraud
provisions of the Securities Exchange Act of 1934 (Section 10(b)
and Rule 10b-5 thereunder).  In addition, the Final Judgment
orders Rottenberg to disgorge $53,909.85 in illegal profits.

     Defendant Cooper earlier consented to a Final Judgment in
this action, also without admitting or denying the allegations
made against him.  [See Litigation Release Nos. 14754 and 14755,
December 13, 1995.]