SECURITIES AND EXCHANGE COMMISSION Washington, D.C. LITIGATION Release No. 15801 / July 7, 1998 SECURITIES AND EXCHANGE COMMISSION v. ANDREW S. LANE, JACK LANE, JACK O. SCHER, DEBORAH S. GAMES, CRAIG L. SAMPSON, BRUCE SAMPSON, and TRACY ANN STODDART, 97 Civ. 8144. On June 12, 1998, the United States District Court for the Southern District of New York entered a Final Judgment as to Tracy Ann Stoddart, the last of seven defendants in this case involving insider trading in advance of The Thomson Corporation s ( Thomson s ) November 16, 1994 tender offer for The MEDSTAT Group, Inc. ("Medstat"). On November 4, 1997, the six other defendants consented to the entry of permanent injunctions against them and agreed to pay a total of $888,665.67 in disgorgement of illegal profits, prejudgment interest and penalties, without admitting or denying the allegations in the Commission's complaint. According to the Commission's Complaint, Stoddart, 36, a certified public accountant residing in Santa Fe, New Mexico, was tipped by Andrew S. Lane, 34, with whom she had worked at the Stamford, Connecticut office of a major accounting firm. The Complaint alleged that Lane learned of Thomson's plans to acquire Medstat while working as Director of Finance at a Thomson subsidiary. According to the Complaint Stoddart bought a total of 1906 shares of Medstat for herself, 700 of which she sold before the tender offer announcement, and also recommended Medstat to a family member who bought 235 shares. Stoddart consented to the entry of the final judgment against her without admitting or denying the allegations in the Complaint. Stoddart consented to an injunction against future violations of Sections 10(b) and 14(e) of the Securities Exchange Act of 1934 and Rules 10b-5 and 14e-3 thereunder, and agreed to disgorge $14,600.98, representing her and her family member s gains from the conduct alleged in the Complaint, plus pre- judgment interest thereon in the amount of $4,897.58. However, payment of that amount was waived in light of her demonstrated inability to pay based on her sworn representations in a statement of financial condition. The Commission's investigation in this matter is continuing. ======END OF PAGE 1======