==========================================START OF PAGE 1====== UNITED STATES SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 15100 / October 1, 1996 SECURITIES And EXCHANGE COMMISSION v. CASEY ABE, CALBERT ABE, PATRICIA ABE, DENISE ABE F/K/A/ DENISE MIYASATO, GLADYS TENGAN And LENA LYNCH Civ. No. 96-6887 SVW (C.D.C.A. (RCX)) The Commission announced that, on September 30, 1996, Casey Abe, Calbert Abe, Patricia Abe, Denise Abe F/K/A/ Denise Miyasato ("Miyasato"), Gladys Tengan ("Tengan") and Lena Lynch ("Lynch"), were charged in the United States District Court for the Central District of California with insider trading in the securities of Total Pharmaceutical Care, Inc. ("Total"). According to the Commission's complaint, Patricia Abe, a Total employee, communicated material, nonpublic information about Total's proposed merger with Abbey Healthcare Group, Inc. ("Abbey") to her husband, Calbert Abe and his brother Casey Abe, prior to the public announcement of the merger on September 7, 1993. The complaint alleged that Casey Abe communicated this information to his aunt, Tengan and to his close personal friend Miyasato, who is now his wife. The complaint further alleged that Patricia Abe, Calbert Abe, Casey Abe and Tengan purchased Total common stock while in possession of this information prior to the public announcement using Miyasato's account in an attempt to conceal their trades. Patricia Abe, Calbert Abe, Casey Abe and Tengan then shared the approximately $8,500, in profits from these transactions. The Commission's complaint also charged that Lynch, an Abbey employee, purchased Total common stock prior to the public announcement while in possession of material, nonpublic information concerning the merger. The Commission's complaint sought an injunction permanently enjoining Casey Abe, Calbert Abe, Patricia Abe, Miyasato, Tengan and Lynch from future violations of Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934, an order requiring them to disgorge their illegal trading profits plus prejudgment interest thereon, and an order requiring each of the defendants to pay a penalty pursuant to the Insider Trading Securities Fraud Enforcement Act of 1988. Each of the defendants, without admitting or denying the allegations in the complaint, consented to the entry of a final judgment ordering all of the relief sought by the Commission.