Litigation Release No.18106 / April 24, 2003
FINAL JUDGMENT ORDERING PERMANENT INJUNCTION, DISGORGEMENT AND PRE-JUDGMENT INTEREST AGAINST TERRI R. SCOTT
SECURITIES AND EXCHANGE COMMISSION V. TERRI R. SCOTT, CASE NO. 98-RB-2090 (MJW) (U.S. Dist. Colo.)
The Securities and Exchange Commission (SEC) announced that on February 21, 2003, the Honorable Robert Blackburn, United States District Judge for the District of Colorado, entered a Final Judgment of Permanent Injunction and Other Relief Against Defendant Terri R. Scott. The Commission charged that Scott, while a member of the management of Fischer Imaging Corporation, engaged in several instances of insider trading in Fischer stock in advance of a press release concerning failure to meet anticipated earnings.
Scott consented to the order which permanently enjoins and restrains her from violating Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5. Scott was also ordered to pay disgorgement and prejudgment interest in the amount of $18,625.00.