UNITED STATES SECURITIES AND EXCHANGE COMMISSION

LITIGATION RELEASE NO. 17128 / September 14, 2001

SECURITIES AND EXCHANGE COMMISSION V. SHEWAK VASHDEV BACHANI, Defendant, Civil Action No. 3-01CV1744-X

On September 5, 2001, the Commission filed an insider trading case in the United States District Court for the Northern District of Texas, Dallas Division, against Shewak Vashdev Bachani, 37, formerly of Coppell, Texas. According to the Complaint, Bachani purchased 2800 shares of GetThere, Inc. ("GetThere") common stock on August 25, 2000, based on material non-public information that his employer, Sabre Holding Corp., would shortly announce its acquisition of GetThere. At the time of his purchase, Bachani knew that Sabre was planning to purchase GetThere through a cash tender offer; Bachani worked as a financial analyst for Sabre, and his duties included evaluating companies that Sabre considered acquiring. On August 28, 2000 - the first trading day after Bachani purchased shares of GetThere - Sabre announced its acquisition of GetThere, and the price of GetThere stock increased approximately 40%. Bachani sold his GetThere stock the same day, earning trading profits of $13,628.

The Commission charged that Bachani violated Sections 10(b) and 14(e) of the Securities Exchange Act of 1934 and Rules 10b-5 and 14e-3 thereunder. In its Complaint, the Commission requested that Bachani be enjoined from future securities violations and be ordered to disgorge his illegal profits and pay a civil money penalty.

Simultaneously with the filing of its action, the Commission accepted Bachani's offer of settlement, in which he agreed, without admitting or denying the allegations in the Commission's Complaint, to the entry of an order enjoining him from further violations of the securities laws; to pay a civil money penalty in the amount of $13,628; and to pay disgorgement of $13,628 in illegal profits, plus $918 in prejudgment interest.