==========================================START OF PAGE 1====== UNITED STATES SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 15301 / March 19, 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 on March 13, 1997, the Honorable G. Ernest Tidwell, United States District Judge for the Northern District of Georgia, entered an order of permanent injunction against defendant Pamela Sue Topper ("Topper"), enjoining 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 thereunder. Topper was ordered to pay disgorgement in the amount of $8,450.00 plus $1,183.27 in prejudgment interest within thirty days of the date of the judgment. Further, Topper was ordered to pay a civil penalty under the Insider Trading Sanctions Act of 1984 in the amount of $8,450.00 within thirty days of the date of the order. Topper consented to the relief without admitting or denying the allegations set forth in a complaint filed by the Commission on March 10, 1997. The complaint alleged that on June 13, 1996, Topper, as General Counsel of Medaphis Corporation ("Medaphis"), an Atlanta-based medical services company, was in possession of material non-public information regarding search warrants that were executed by the Federal Bureau of Investigation ("FBI") on two Medaphis offices in California. In violation of her fiduciary duty to Medaphis, Topper disclosed the information about the FBI investigation to her mother and co-defendant Gregg Michael Brenner ("Brenner"). Both individuals then sold shares of Medaphis stock. The complaint further alleged 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, Brenner's father and brother avoided losses of approximately $94,000.