==========================================START OF PAGE 1====== UNITED STATES SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 15280 / March 10, 1997 SEC v. Gregg Michael Brenner and Pamela Sue Topper (N.D. Ga., Civil Action No. 1-97-CV-0607-GET) The Securities and Exchange Commission announced today that a complaint was filed by the Commission on March 10, 1997, in the United States District Court for the Northern District of Georgia against Gregg Michael Brenner ("Brenner") and Pamela Sue Topper ("Topper"). The complaint seeks to permanently enjoin Brenner and Topper from violating Section 17(a) of the Securities Act of 1933 ("Securities Act") and Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 thereunder. The Commission also seeks disgorgement of all losses improperly avoided, prejudgment interest thereon, and civil penalties. The complaint alleges that, on June 13, 1995, Topper, as General Counsel of Medaphis Corporation ("Medaphis"), an Atlanta- based medical services company, was in possession of material non-public information regarding the issuance of search warrants by the Federal Bureau of Investigation ("FBI") on two Medaphis' California offices. In violation of her fiduciary duty to Medaphis, Topper disclosed the news of the FBI investigation to her mother and to co-defendant Brenner. Both individuals sold shares of Medaphis stock. The complaint further alleges that Brenner also disclosed the FBI action against Medaphis to his father and brother who promptly sold their shares of Medaphis stock. On June 15, 1995 at the close of trading, Medaphis issued a public announcement about the FBI investigation of Medaphis. The price of Medaphis stock dropped sharply the next day. By selling their shares of Medaphis stock prior to the announcement, Topper's mother, Brenner and his father and brother avoided losses of approximately $94,000.