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         UNITED STATES SECURITIES AND EXCHANGE COMMISSION


LITIGATION RELEASE NO. 15169 / December 2, 1996

SECURITIES AND EXCHANGE COMMISSION v. HOWARD S. HOOVER, Jr.
Civil Action No. H 94-0081, USDC/SD TX [Houston Division]

     On September 11, 1995, the United States District Court for
the Southern District of Texas entered an Order of Summary
Judgment in favor of defendant Howard S. Hoover, Jr.  The
Commission's Complaint against Mr. Hoover, formerly General
Counsel and Director of Browning-Ferris Industries, Inc. ("BFI"),
alleged that he had sold shares of BFI while in possession of
material, non-public information concerning the company's actual
and projected earnings, in violation of Section 17(a) of the
Securities Act of 1933, and Section 10(b) of the Securities
Exchange Act of 1934, and Rule 10b-5 thereunder.

     Following a Commission motion for partial summary judgment,
and Mr. Hoover's cross-motion for summary judgment, the Court
ruled that the earnings information in Mr. Hoover's possession
was not material.  On October 3, 1995, the Court entered a Final
Judgment in favor of Mr. Hoover.
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