Robert Goehring

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 20128 / May 23, 2007

Securities and Exchange Commission v. Robert Goehring, Civil Action No. 3:05-CV-350 (AWT) (D.Conn.)

Robert Goehring Settles Insider Trading Charges

The Securities and Exchange Commission announced today that on May 18, 2007, the Honorable Alvin W. Thompson of the United States District Court for the District of Connecticut entered a final judgment against Robert Goehring, the former director of corporate communications of Gerber Scientific, Inc. In its complaint against Goehring, filed on February 28, 2005, the Commission alleged that Goehring traded Gerber Scientific stock nine times on the basis of material nonpublic information that he had received and also tipped a friend, who traded on three occasions.

Goehring consented to the entry of the final judgment without admitting or denying the allegations in the Commission's complaint. In the final judgment, the Court permanently enjoined Goehring from violating Section 10(b) of the Securities Exchange Act of 1934 and Exchange Act Rule 10b-5 and prohibited Goehring from serving as an officer or director of a public company. The Court further decreed that Goehring is liable for disgorgement and pre-judgment interest totaling $142,368.24 but waived payment of all but $50,000 of that amount, and did not impose a civil penalty, based on representations of financial condition that Goehring submitted.

For further information, see Litigation Release No. 19105 (February 28, 2005).