U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 20245 / August 16, 2007

SEC v. Roger D. Blackwell et al, U.S. District Court for the Southern District of Ohio No.03-CV-63

SEC Settles With Roger Blackwell for Illegal Insider Trading in Worthington Foods, Inc. Stock

On August 14, 2007, the United States District Court for the Southern District of Ohio entered Final Judgment against Defendant Roger D. Blackwell, a resident of Columbus, Ohio, for illegal insider trading in the stock of Worthington Foods, Inc. The Court entered a permanent injunction from future violations of Section 10(b) and 16(a) of the Securities Exchange Act of 1934 and Rules 10b-5, 16a-2, 16a-3, and 16a-8 thereunder; ordered Blackwell to pay disgorgement of $240,879.74 and prejudgment interest of $129,802.15 and imposed a permanent officer-director bar against him.

In its Complaint, the Commission alleged that Roger Blackwell committed illegal insider trading by tipping Kelly Hughes, Kevin Stacy, the Roger Blackwell Pension Plan Trust, Arnold Jack, Black-Jack Enterprises, Dale Blackwell and Christian Blackwell. The staff alleged that Roger Blackwell, who was a director of Worthington Foods, Inc. tipped the above-named defendants during August and September 1999 about Kellogg Co.'s intent to acquire Worthington. This settlement resolves all outstanding claims against Roger Blackwell.

For more information, see Litigation Release No. 17944, January 21, 2003 and Litigation Release No. 20130, May 25, 2007.

http://www.sec.gov/litigation/litreleases/2007/lr20245.htm