SEC NEWS DIGEST Issue 2002-67 April 8, 2002 ENFORCEMENT PROCEEDINGS COMMISSION ORDERS CORPORATE OFFICER TO CEASE AND DESIST FROM COMMITTING OR CAUSING VIOLATIONS OF SECURITIES LAWS On April 4, the Commission ordered Erik W. Chan to cease and desist from committing or causing any violation of or future violation of Sections 17(a) and 17(b) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Exchange Act Rule 10b-5. The order follows Chan's appeal from an administrative law judge's initial decision. Chan was the corporate secretary of Empower Telecommunications Corporation, an entity formed ostensibly to build and manage two overseas telephone exchanges. Empower engaged in a series of private placements in order to raise necessary funds and prepared and circulated to potential investors a private placement memorandum and other offering documents. The Commission found that these documents contained false and misleading statements and omitted material information, and that Chan knew of these misrepresentations but did nothing to correct them. The Commission therefore concluded that Chan caused Empower's violations of the securities laws. The Commission further concluded that Chan, as an officer of Empower, knew or should have known that his failure to correct misrepresentations in Empower's offering documents of which he had personal knowledge would contribute to Empower's violations of the securities laws. (Rels. 33-8078; 34-45693; File No. 3-9697) U.S. DISTRICT COURT ISSUES ORDER REQUIRING COMPLIANCE IN SEC SUBPOENA ENFORCEMENT ACTION The Commission announced that the U.S. District Court for the Central District of California granted its application for enforcement of investigative subpoenas against Samer El Bizri, Conrad P. Seghers, James Dickey, and three funds, Integral Hedging LP, Integral Arbitrage LP, and Integral Equity LP. In addition, the Court denied certain respondents' motions for a protective order to quash a Commission investigative subpoena, and for discovery from the Commission. The Court ordered Bizri, Seghers, and Dickey to provide sworn testimony and produce documents on or before April 25, 2002, and the funds to produce documents on or before April 25, 2002. In finding that the subpoenas were enforceable as written, the Court held that Bizri, Seghers, Dickey, and the funds failed to demonstrate that the subpoenas were issued in bad faith or overbroad, and failed to show any circumstances warranted delaying the Commission's investigation. The Commission filed its application for enforcement of its subpoenas on February 8, 2002. The investigative subpoenas sought documents and testimony regarding, among other things, whether Bizri, Seghers, and Dickey offered and sold unregistered securities and made materially false and misleading statements or omitted to state material facts concerning the use of investor proceeds and the funds' rates of return. [SEC v. Samer El Bizri, Conrad P. Seghers, James Dickey, Integral Hedging LP, Integral Arbitrage LP, and Integral Equity LP, Case No. CV 02-01251 MMM (FMOx)] (LR-17460) COMMISSION OBTAINS TEMPORARY RESTRAINING ORDER AND ASSET FREEZE AGAINST NEW YORK BUSINESSMAN MARTIN FIFE, FORMER BROKER DENNIS HERULA, RHODE ISLAND ATTORNEY MARY LEE CAPALBO AND OTHERS IN CONNECTION WITH FRAUDULENT OFFERING SCHEME The Commission announced today the filing of an emergency action against Martin D. Fife, a Dreyfus fund director, Dennis Herula, a former Raymond James broker, Mary Lee Capalbo, a Rhode Island attorney, Charles Sullivan, a former New England Patriots official, and others in connection with a fraudulent scheme that raised at least $52 million from investors between 1999 and 2001. According to the Commission's complaint, the federal district court in Rhode Island on April 3 entered ex parte temporary restraining orders and asset freezes against Fife and others in connection with this conduct. The Commission alleged in its complaint, filed on April 1, that British citizen Michael Clarke and others promised investors exorbitant returns (such as a nearly 300% return in twelve banking days) through a high yield trading program purportedly operated by Fife under various names, including Brite Business and Seaview Development and Holdings, Ltd. According to the Commission's complaint, these representations were false because such high yield trading programs do not exist, and several of the defendants have misappropriated or otherwise failed to return over $20 million to investors. The Commission alleges in its complaint that, within the past few months, certain of the defendants have either continued to attempt to solicit investors or have made misrepresentations to investors regarding their investments. According to the Commission's complaint, Clarke began soliciting investors through Brite Business in 1999. Fife, who currently serves as a director of several Dreyfus mutual funds, purportedly ran the Brite Business trading program, which he described as a "credit enhancement" or "balance sheet enhancement" program involving, among other things, the purchase of T-bills on margin. The Commission alleges in its complaint that Fife told one investor that his funds were absolutely safe and that his trading program had been successful when, in fact, Fife had already lost a significant amount of investor funds in his trading program. According to the complaint, between 1999 and 2001, Clarke and Fife misappropriated, transferred or lost approximately $13 million in investor funds. During this period, most of the Brite Business investor funds were maintained in a brokerage account in Rhode Island at Raymond James Financial Services, Inc. The Commission alleges in its complaint that Dennis Herula, the registered representative for the Brite Business account, and his wife, Rhode Island attorney Mary Lee Capalbo, played integral roles in the fraudulent scheme and also misappropriated approximately $8 million in investor funds. According to the complaint, Herula solicited an investor for Fife's trading program in 2001, and Herula and Capalbo have both made false statements or provided forged account statements to investors within the past several months. The Commission's complaint alleges that Herula and Capalbo have recently taken steps to dissipate assets, including placing their $5.5 million house on the market and attempting to transfer money to offshore accounts. The Commission's complaint alleges that several other individuals participated in the fraudulent scheme. Sullivan, a non-practicing New York lawyer whose family formerly owned the New England Patriots NFL franchise, incorporated Brite Business in the U.S. and made false statements to investors concerning their investments. The complaint also alleges that Robert Wachtel, of California, and Johan Hertzog, of Florida, collectively helped Clarke solicit $20 million in investor funds, and that, in December 2001, Fife's associate, Farouk Khan, of New Jersey, attempted to solicit an additional investment in the trading program from a Brite Business investor. The Commission alleged in its complaint that (i) defendants Herula, Capalbo, Fife, Khan, Seaview, Clarke, Wachtel and Hertzog violated Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities and Exchange Act of 1934 and Rule 10b-5 thereunder; (ii) Sullivan and Capalbo aided and abetted violations of the above provisions of the securities laws; and (iii) Fife violated Sections 206(1) and 206(2) of the Investment Advisers Act. The Commission also named as a relief defendant David L. Ullom of Rhode Island, who served as Herula's supervisor at Raymond James and received approximately $190,000 in Brite Business investor funds. The Commission obtained entry of an order temporarily restraining Herula, Capalbo, Fife, Khan and Seaview from directly or indirectly continuing to violate the federal securities laws, an asset freeze against all defendants except for Sullivan, and other emergency relief. A hearing on the Commission's request for a preliminary injunction has been set for Tuesday, April 9, at 10 a.m. The Commission previously filed subpoena enforcement actions against Herula concerning his failure to produce documents in response to a "forthwith" subpoena, and against Capalbo concerning her failure to comply with a subpoena for testimony. [SEC v. Herula, Litigation Rel. No. 17325 (January 16, 2002); SEC v. Capalbo, Litigation Rel. No. 17334 (January 24, 2002)]. [SEC v. Dennis Herula, et al., USDC, District of Rhode Island, C.A. No. 02 154 ML] (LR-17461) SEC FILES SETTLED ACTION CHARGING DESERT WINDS ENTERTAINMENT CORP. AND ITS PRINCIPALS, MICHAEL PALOMA AND MATTHEW BARDASIAN WITH SECURITIES FRAUD Today the Commission filed a securities fraud action in the United States District Court for the District of Columbia against Desert Winds Entertainment Corp. a production entertainment company, and its principals, Michael Paloma and Matthew Bardasian. The complaint alleges that in press releases and Commission filings, the defendants claimed that Desert Winds had signed a $25,000,000 contract with Warner Bros. Television when no such contract existed. The complaint further alleges that Paloma and Bardasian profited from their involvement with the company by illegally selling restricted shares of Desert Winds stock. Paloma and Bardasian agreed to judgments prohibiting them from future violations of the anti-fraud and registration provisions of the federal securities laws and permanently barring them from acting as an officer or director of a public company. Paloma will also pay $442,319 in disgorgement, $27,070.64 in pre-judgment interest and a $65,000 civil penalty. No monetary sanctions were sought from Bardasian as a result of his financial condition, including his contingent liability in pending criminal proceedings. [SEC v. Michael Paloma, Matthew Bardasian and Desert Winds Entertainment Corp. (USDC for the District of Columbia C.A. No. 1:02CV00645)] (LR-17462) INVESTMENT COMPANY ACT RELEASES LINCOLN BENEFIT LIFE COMPANY, ET AL. A notice has been issued giving interested persons until April 29 to request a hearing on an application filed by Lincoln Benefit Life Company, Lincoln Benefit Life Variable Annuity Account, and Lincoln Benefit Life Variable Life Account (collectively, the Applicants). The Applicants request an order pursuant to Section 26(c) of the Investment Company Act to permit certain registered unit investment trusts to substitute shares of the T. Rowe Price MidCap Growth Fund of the T. Rowe Price Equity Series, Inc. for shares of the Strong Discovery Fund II of the Strong Variable Insurance Funds, Inc. (Rel. IC-25509 - April 4) MERRILL LYNCH LIFE INSURANCE COMPANY, ET AL. A notice has been issued giving interested persons until April 29 to request a hearing on an application filed by Merrill Lynch Life Insurance Company, ML Life Insurance Company of New York, and Merrill Lynch Variable Life Separate Account, Merrill Lynch Life Variable Life Separate Account II, Merrill Lynch Life Variable Annuity Separate Account, Merrill Lynch Life Variable Annuity Separate Account A, ML of New York Variable Life Separate Account, ML of New York Variable Life Separate Account II, ML of New York Variable Annuity Separate Account, and ML of New York Variable Annuity Separate Account A for an order, pursuant to Section 26(c) of the Investment Company Act, approving the substitution of shares of the Large Cap Core Focus Fund and Core Bond Focus Fund of the Merrill Lynch Variable Series Funds, Inc., and the Core Bond Strategy Portfolio of the Merrill Lynch Series Fund, Inc., for shares of the Natural Resources Focus Fund and Global Bond Focus Fund of the Merrill Lynch Variable Series Funds, Inc. (Rel. IC-25510 - April 5) HOLDING COMPANY ACT RELEASES FIRSTENERGY CORP. An order has been issued authorizing FirstEnergy Corp. (FirstEnergy), a registered holding company, to solicit proxies from its shareholders for the purpose of obtaining shareholder approval to increase the aggregate authorized shares of FirstEnergy common stock that may be issued under FirstEnergy's Executive and Director Incentive Compensation Plan. (Rel. 35-27513) KEYSPAN CORPORATION AND EASTERN ENTERPRISES A notice has been issued giving interested persons until April 30 to request a hearing on a proposal by KeySpan Corporation (KeySpan), a registered holding company and Eastern Enterprises (Eastern), a wholly- owned subsidiary of KeySpan and an exempt holding company (collectively, Applicants). Applicants request authority for Eastern to change its organizational form from a Massachusetts business trust to a Massachusetts limited liability company to be named KeySpan New England, LLC (KeySpan New England). Applicants also request authority to form KSNE, LLC (KSNE), a Delaware limited liability company; KSNE will hold a membership interest in the newly formed KeySpan New England. In addition, Applicants request approval of KeySpan New England as an exempt holding company. (Rel. 35-27514) SELF-REGULATORY ORGANIZATIONS PROPOSED RULE CHANGE The American Stock Exchange filed a proposed rule change (SR-Amex-2002- 15) to amend Commentary .02(c) of Amex Rule 901C to include volume weighted average pricing as a permissible index option settlement value calculation methodology. Publication of the proposal is expected in the Federal Register during the week of April 8. (Rel. 34-45692) ACCELERATED APPROVAL OF PROPOSED RULE CHANGE The Commission granted accelerated approval to a proposed rule change filed by the American Stock Exchange (SR-AMEX-2001-107) on a one-year pilot basis until April 5, 2003, to provide a rule for allocating securities traded on an unlisted trading privileges basis to specialists on the Exchange. (Rel 34-45698) WITHDRAWAL SOUGHT A notice has been issued giving interested persons until April 26 to comment on the application for withdrawal from listing and registration (Progress Energy, Inc., Common Stock, no par value) on the Pacific Exchange. (Rel. 34-45696) DELISTINGS GRANTED An order has been issued granting the application of the Philadelphia Stock Exchange to strike from listing and registration certain call and put options contracts issued by The Options Clearing Corporation respecting certain underlying securities, effective at the opening of business on April 8, 2002. (Rel. 34-45699) An order has been issued granting the application of the American Stock Exchange to strike from listing and registration certain call and put options contracts issued by The Options Clearing Corporation respecting certain underlying securities, effective at the opening of business on April 8, 2002. (Rel. 34-45700) An order has been issued granting the application of the Pacific Exchange to strike from listing and registration the Common Stock, no par value, of Enron Corporation, effective at the opening of business on April 8, 2002. (Rel. 34-45701) SECURITIES ACT REGISTRATIONS The following registration statements have been filed with the SEC under the Securities Act of 1933. The reported information appears as follows: Form, Name, Address and Phone Number (if available) of the issuer of the security; Title and the number and/or face amount of the securities being offered; Name of the managing underwriter or depositor (if applicable); File number and date filed; Assigned Branch; and a designation if the statement is a New Issue. Registration statements may be obtained in person or by writing to the Commission's Public Reference Branch at 450 Fifth Street, N.W., Washington, D.C. 20549 or at the following e-mail box address: . In most cases, this information is also available on the Commission's website: . S-8 INTERDIGITAL COMMUNICATIONS CORP, 781 THIRD AVE, KING OF PRUSSIA, PA, 19406-1409, 6102787800 - 1,500,000 ($14,370,000.00) Equity, (File 333-85560 - Apr. 5) (BR. 04) S-8 VICTOR INDUSTRIES INC, 4810 NORTH WORNATH ROAD, MISSOULA, MT, 59804, 4062518501 - 5,700,000 ($285,000.00) Equity, (File 333-85562 - Apr. 5) (BR. 04) S-4 WILLIAMS COMPANIES INC, ONE WILLIAMS CTR, TULSA, OK, 74172, 9185732000 - 0 ($1,400,000,000.00) Non-Convertible Debt, (File 333-85566 - Apr. 5) (BR. 02) S-4 WILLIAMS COMPANIES INC, ONE WILLIAMS CTR, TULSA, OK, 74172, 9185732000 - 0 ($1,500,000,000.00) Non-Convertible Debt, (File 333-85568 - Apr. 5) (BR. 02) S-8 YORK INTERNATIONAL CORP /DE/, 631 S RICHLAND AVE, YORK, PA, 17403, 7177717890 - 500,000 ($17,825,000.00) Equity, (File 333-85570 - Apr. 5) (BR. 06) S-8 ICN PHARMACEUTICALS INC, 3300 HYLAND AVE, COSTA MESA, CA, 92626, 7145450100 - 0 ($15,685,000.00) Equity, (File 333-85572 - Apr. 5) (BR. 01) S-8 NEW PLAN EXCEL REALTY TRUST INC, 1120 AVENUE OF THE AMERICAS 12TH FL, NEW YORK, NY, 10036, 2128693000 - 0 ($8,468,755.00) Equity, (File 333-85574 - Apr. 5) (BR. 08) S-1 SOUTHWALL TECHNOLOGIES INC /DE/, 1029 CORPORATION WAY, PALO ALTO, CA, 94303, 4159629111 - 0 ($44,781,000.00) Equity, (File 333-85576 - Apr. 5) (BR. 06) S-8 YORK INTERNATIONAL CORP /DE/, 631 S RICHLAND AVE, YORK, PA, 17403, 7177717890 - 500,000 ($17,825,000.00) Equity, (File 333-85578 - Apr. 5) (BR. 06) S-3 CONSOLIDATED NATURAL GAS CO/VA, 120 TREDEGAR STREET, RICHMOND, VA, 23219, 4122271000 - 0 ($1,500,000,000.00) Unallocated (Universal) Shelf, (File 333-85580 - Apr. 5) (BR. 02) SB-2 MAXXON INC, 8908 SOUTH YALE #409, TULSA, OK, 74137, 17,214,666 ($6,713,719.74) Equity, (File 333-85582 - Apr. 5) (BR. 07) S-8 XATA CORP /MN/, 151 E CLIFF RD STE 10, BURNSVILLE, MN, 55337, 6128943680 - 0 ($1,980,000.00) Equity, (File 333-85584 - Apr. 5) (BR. 03) S-3 CROSS MEDIA MARKETING CORP, 461 FIFTH AVENUE 19TH FLOOR, NEW YORK, NY, 10022-, 2127549901 - 1,229,832 ($16,393,661.00) Equity, (File 333-85586 - Apr. 5) (BR. 08) S-8 TRINITY INDUSTRIES INC, 2525 STEMMONS FREEWAY, DALLAS, TX, 75207-2401, 2146314420 - 0 ($3,947,200.00) Equity, (File 333-85588 - Apr. 5) (BR. 05) S-8 TRINITY INDUSTRIES INC, 2525 STEMMONS FREEWAY, DALLAS, TX, 75207-2401, 2146314420 - 0 ($43,389,000.00) Equity, (File 333-85590 - Apr. 5) (BR. 05) S-8 HEALTHTRAC INC, 120 N LASALLE DR, SUITE 1000, CHICAGO, IL, 60602, 3129209999 - 675,777 ($81,093.22) Equity, (File 333-85594 - Apr. 5) (BR. 37) S-1 AAIPHARMA INC, 2320 SCIENTIFIC PARK DRIVE, WILMINGTON, NC, 28405, 9102547000 - 0 ($102,523,892.00) Equity, (File 333-85602 - Apr. 5) (BR. 01) S-8 VELOCITY EXPRESS CORP, 7803 GLENROY ROAD, FOUR PARAMOUNT PLAZA STE 200, MINNEAPOLIS, MN, 55439, 612-492-2400 - 0 ($16,379,625.00) Equity, (File 333-85606 - Apr. 5) (BR. 05) S-8 MARTIN MARIETTA MATERIALS INC, 2710 WYCLIFF RD, RALEIGH, NC, 27607, 9197814550 - 0 ($2,073,500.00) Equity, (File 333-85608 - Apr. 5) (BR. 04) S-8 MOUNTAINBANK FINANCIAL CORP, 201 WREN DRIVE, HENDERSONVILLE, NC, 28793, 8286937376 - 0 ($1,405,250.00) Equity, (File 333-85610 - Apr. 5) (BR. 07) S-3 DQE INC, CHERRINGTON CORPORATE CNTR STE 100, 500 CHERRINGTON PKWY, CORAOPOLIS, PA, 15108-3184, 4122624700 - 0 ($500,000,000.00) Other, (File 333-85612 - Apr. 5) (BR. 02) S-8 MOUNTAINBANK FINANCIAL CORP, 201 WREN DRIVE, HENDERSONVILLE, NC, 28793, 8286937376 - 0 ($992,117.00) Equity, (File 333-85614 - Apr. 5) (BR. 07) S-8 NATIONAL HEALTH & SAFETY CORP, 3811 BEE CAVE ROAD, SUITE 120, AUSTIN, TX, 78746, 5123280433 - 100,000,000 ($1,000,000.00) Equity, (File 333-85616 - Apr. 5) (BR. 01) S-8 HOUSEHOLD DIRECT COM INC, 900 MAIN STREET SOUTH, SOUTHBURY, CT, 06488, 2032671400 - 21,000,000 ($210,000.00) Other, (File 333-85620 - Apr. 5) (BR. 09) S-3 SUNRISE ASSISTED LIVING INC, 7902 WESTPARK DR, MCLEAN, VA, 22102, 7032737500 - 0 ($125,000,000.00) Other, (File 333-85622 - Apr. 5) (BR. 08) SB-2 TECH LABORATORIES INC, 955 BELMONT AVE, NORTH HALEDON, NJ, 07508, 9734275333 - 16,415,736 ($3,283,147.00) Equity, (File 333-85624 - Apr. 5) (BR. 36) S-4 HORIZON PCS INC, 68 EAST MAIN STREET, CHILLICOTHE, OH, 45601-0480, 7407728200 - 175,000,000 ($175,000,000.00) Non-Convertible Debt, (File 333-85626 - Apr. 5) (BR. 37) S-3 VISUAL NETWORKS INC, 2092 GAITHER RD, SUITE 220-I, ROCKVILLE, MD, 20850, 3012962300 - 3,814,954 ($872.18) Unallocated (Universal) Shelf, (File 333-85628 - Apr. 5) (BR. 03) S-8 GLOBAL REALTY MANAGEMENT GROUP INC, 701 BRICKELL AVE, SUITE 3120, MIAMI, FL, 33131, 3055390900 - 250,000 ($875,000.00) Equity, (File 333-85630 - Apr. 5) (BR. 08) S-3 HYPERTENSION DIAGNOSTICS INC /MN, 2915 WATERS ROAD SUITE 108, EAGAN, MN, 55121-1562, 6126879999 - 0 ($6,773,710.00) Equity, (File 333-85632 - Apr. 5) (BR. 36) F-1 COMPANHIA DE SANEAMENTO DO PARANA SANEPAR, RUE ENGENHEIROS REBOUCAS, 1376, CURITIBA, A1, 00000, 01155413303014 - 0 ($223,200,000.00) Equity, (File 333-85634 - Apr. 5) (BR. ) S-3 CROSSWALK COM, 4100 LAFAYETTE CENTER DR, STE 110, CHANTILLY, VA, 20151, 7039684808 - 3,399,056 ($2,800,000.00) Equity, (File 333-85636 - Apr. 5) (BR. 03) S-8 ENTERCOM COMMUNICATIONS CORP, 401 CITY AVENUE, SUITE 409, BALA CYNWYD, PA, 19004, 610-660-5610 - 0 ($136,025,000.00) Equity, (File 333-85638 - Apr. 5) (BR. 37) S-3 PUGET ENERGY INC /WA, 411 108TH AVENUE N E 3RD FLOOR, BELLEVUE, WA, 980045515, 4254623202 - 0 ($206,800,000.00) Equity, (File 333-85640 - Apr. 5) (BR. 02) S-8 BION ENVIRONMENTAL TECHNOLOGIES INC, 18 EAST 50TH STREET, 10TH FLOOR, NEW YORK, NY, 10022, 3032940750 - 3,000,000 ($2,760,000.00) Equity, (File 333-85642 - Apr. 5) (BR. 02) S-4 WEATHERFORD INTERNATIONAL LTD, 515 POST OAK BLVD, STE 600, HOUSTON, TX, 77027-3415, 7136934000 - 150,000,000 ($6,879,000,000.00) Equity, (File 333-85644 - Apr. 5) (BR. ) S-3 RAYTHEON CO/, 141 SPRING STREET, C/O RAYTHEON CO, LEXINGTON, MA, 02421, 7818626600 - 0 ($3,000,000,000.00) Unallocated (Universal) Shelf, (File 333-85648 - Apr. 5) (BR. 05) S-3 UNISYS CORP, UNISYS WAY, BLUE BELL, PA, 19424, 2159864011 - 0 ($1,350,000,000.00) Other, (File 333-85650 - Apr. 5) (BR. 03) S-8 AMERICAN CAREER CENTERS INC, 2490 SOUTH 300 WEST, SOUTH SALT LAKE CITY, UT, 84115, 8014856200 - 500,000 ($325,000.00) Equity, (File 333-85652 - Apr. 5) (BR. 08) S-3 CALPINE CORP, 50 WEST SAN FERNANDO ST, SAN JOSE, CA, 95113, 4089955115 - 0 ($1,200,000,000.00) Other, (File 333-85654 - Apr. 5) (BR. 02) S-8 LYONDELL CHEMICAL CO, 1221 MCKINNEY ST, STE 700, HOUSTON, TX, 77010, 7136527200 - 0 ($110,092,500.00) Equity, (File 333-85656 - Apr. 5) (BR. 04) S-3 INVERNESS MEDICAL INNOVATIONS INC, 51 SAWYER ROAD, SUITE 200, WALTHAM, MA, 02453, 7816473900 - 0 ($126,495,414.50) Equity, (File 333-85658 - Apr. 5) (BR. 01) S-3 PRENTISS PROPERTIES TRUST/MD, 3890 W NORTHWEST HWY, STE 400, DALLAS, TX, 75220, 2146540886 - 0 ($18,044,250.00) Equity, (File 333-85660 - Apr. 5) (BR. 08) S-3 M I SCHOTTENSTEIN HOMES INC, 3 EASTON OVAL STE 500, COLUMBUS, OH, 43219, 6144188000 - 150,000,000 ($150,000,000.00) Unallocated (Universal) Shelf, (File 333-85662 - Apr. 5) (BR. 06) S-8 LOEHMANNS HOLDINGS INC, 2500 HALSEY ST, BRONX, NY, 10461, 7184092000 - 200,000 ($2,450,000.00) Equity, (File 333-85664 - Apr. 5) (BR. 02) S-11 INLAND RETAIL REAL ESTATE TRUST INC, C/O INLAND GROUP INC, 2901 BUTTERFIELD ROAD, OAK BROOK, IL, 60523, 6302188000 - 0 ($1,686,004,800.00) Equity, (File 333-85666 - Apr. 5) (BR. 08) S-3 TITAN CORP, 33033 SCIENCE PARK RD, SAN DIEGO, CA, 92121, 8585529500 - 0 ($14,096,427.00) Equity, (File 333-85668 - Apr. 5) (BR. 03) S-8 IMAGING TECHNOLOGIES CORP/CA, 15175 INNOVATION DRIVE, SAN DIEGO, CA, 92128, 6196131300 - 15,000,000 ($150,000.00) Equity, (File 333-85670 - Apr. 5) (BR. 03) S-8 IMAGING TECHNOLOGIES CORP/CA, 15175 INNOVATION DRIVE, SAN DIEGO, CA, 92128, 6196131300 - 5,000,000 ($100,000.00) Equity, (File 333-85672 - Apr. 5) (BR. 03) S-8 IMAGING TECHNOLOGIES CORP/CA, 15175 INNOVATION DRIVE, SAN DIEGO, CA, 92128, 6196131300 - 2,500,000 ($50,000.00) Equity, (File 333-85674 - Apr. 5) (BR. 03) S-8 IMAGING TECHNOLOGIES CORP/CA, 15175 INNOVATION DRIVE, SAN DIEGO, CA, 92128, 6196131300 - 16,896,401 ($337,928.02) Equity, (File 333-85676 - Apr. 5) (BR. 03) S-8 IMAGING TECHNOLOGIES CORP/CA, 15175 INNOVATION DRIVE, SAN DIEGO, CA, 92128, 6196131300 - 8,321,248 ($832,124.80) Equity, (File 333-85678 - Apr. 5) (BR. 03) S-3 RENTECH INC /CO/, 1331 17TH STREET SUITE 720, DENVER, CO, 80202-1566, 3032988008 - 7,768,667 ($4,428,140.17) Equity, (File 333-85682 - Apr. 5) (BR. 02) S-8 CRESCENT REAL ESTATE EQUITIES CO, 777 MAIN ST, STE 2100, FORT WORTH, TX, 76102, 8173212100 - 0 ($162,325,311.72) Equity, (File 333-85684 - Apr. 5) (BR. 08) S-3 SANDISK CORP, 140 CASPIAN COURT, SUNNYVALE, CA, 94089, 4085620500 - 0 ($150,000,000.00) Debt Convertible into Equity, (File 333-85686 - Apr. 5) (BR. 03) S-3 S1 CORP /DE/, 3390 PEACHTREE ROAD NE, SUITE 1700, ATLANTA, GA, 30326, 4048126200 - 0 ($22,029,732.00) Equity, (File 333-85688 - Apr. 5) (BR. 03) S-4 OWENS ILLINOIS GROUP INC, ONE SEAGATE, TOLEDO, OH, 43666, 4192475000 - 0 ($1,000,000,000.00) Non-Convertible Debt, (File 333-85690 - Apr. 5) (BR. 06) S-3 INTERDIGITAL COMMUNICATIONS CORP, 781 THIRD AVE, KING OF PRUSSIA, PA, 19406-1409, 6102787800 - 285,250 ($2,972,305.00) Equity, (File 333-85692 - Apr. 5) (BR. 04) S-3 PROXIM CORP, 1196 BORREGAS AVE, SUNNYVALE, CA, 94089, 4085425200 - 0 ($3,546,931.20) Equity, (File 333-85694 - Apr. 5) (BR. 37) N-2 NUVEEN INSURED CALIFORNIA DIVIDEND ADVANTAGE MUNICIPAL FUND, JOHN NUVEEN & CO INC, 333 WEST WACKER DRIVE, CHICAGO, IL, 60606, 3129177794 - 0 ($1,000,000.00) Equity, (File 333-85696 - Apr. 5) (BR. 18) N-2 NUVEEN OHIO DIVIDEND ADVANTAGE MUNICIPAL FUND 3, 333 W. WACKER DR., CHICAGO, IL, 60606, 3129178146 - 0 ($1,000,000.00) Equity, (File 333-85698 - Apr. 5) (BR. 18) S-3 LORAL SPACE & COMMUNICATIONS LTD, 600 THIRD AVE, C/O LORAL SPACECOM CORP, NEW YORK, NY, 10016, 2126971105 - 0 ($14,321,877.00) Other, (File 333-85700 - Apr. 5) (BR. 37) N-2 NUVEEN CONNECTICUT DIVIDEND ADVANTAGE MUNICIPAL FUND 2, 333 W WACKER DR, CHICAGO, IL, 60606, 3129178146 - 0 ($1,000,000.00) Equity, (File 333-85702 - Apr. 5) (BR. ) N-2 NUVEEN PENNSYLVANIA DIVIDEND ADVANTAGE MUNICIPAL FUND 2, 333 WEST WACKER DRIVE, CHICAGO, IL, 60606, 3129178146 - 0 ($1,000,000.00) Equity, (File 333-85704 - Apr. 5) (BR. 18) N-2 NUVEEN INSURED NEW YORK DIVIDEND ADVANTAGE MUNICIPAL FUND, JOHN NUVEEN & CO INC, 333 WEST WACKER DRIVE, CHICAGO, IL, 60606, 3129177794 - 0 ($1,000,000.00) Equity, (File 333-85706 - Apr. 5) (BR. 18) N-2 NUVEEN INSURED DIVIDEND ADVANTAGE MUNICIPAL FUND, JOHN NUVEEN & CO INC, 333 WEST WACKER DRIVE, CHICAGO, IL, 60606, 3129177794 - 0 ($1,000,000.00) Equity, (File 333-85708 - Apr. 5) (BR. 18) N-2 NUVEEN ARIZONA DIVIDEND ADVANTAGE MUNICIPAL FUND 2, 333 WEST WACKER DRIVE, CHICAGO, IL, 60606, 3129178146 - 0 ($1,000,000.00) Equity, (File 333-85710 - Apr. 5) (BR. 18) N-2 NUVEEN NEW JERSEY DIVIDEND ADVANTAGE MUNICIPAL FUND 2, 333 WEST WACKER DRIVE, CHICAGO, IL, 60606, 3129178146 - 0 ($1,000,000.00) Equity, (File 333-85712 - Apr. 5) (BR. 18) S-1 CTI INC /TN, 810 INNOVATION DRIVE, KNOXVILLE, TN, 37932, 8652182000 - 0 ($230,000,000.00) Equity, (File 333-85714 - Apr. 5) (BR. ) S-3 PPL CORP, TWO N NINTH ST, ALLENTOWN, PA, 181011179, 6107745151 - 0 ($750,000,000.00) Other, (File 333-85716 - Apr. 5) (BR. 02) RECENT 8K FILINGS Form 8-K is used by companies to file current reports on the following events: Item 1. Changes in Control of Registrant. Item 2. Acquisition or Disposition of Assets. Item 3. Bankruptcy or Receivership. Item 4. Changes in Registrant's Certifying Accountant. Item 5. Other Materially Important Events. Item 6. Resignations of Registrant's Directors. Item 7. Financial Statements and Exhibits. Item 8. Change in Fiscal Year. Item 9. Regulation FD Disclosure. The following companies have filed 8-K reports for the date indicated and/or amendments to 8-K reports previously filed, responding to the item(s) of the form specified. 8-K reports may be obtained in person or by writing to the Commission's Public Reference Branch at 450 Fifth Street, N.W., Washington, D.C. 20549 or at the following e-mail box address: . In most cases, this information is also available on the Commission's website: . STATE 8K ITEM NO. NAME OF ISSUER CODE 1 2 3 4 5 6 7 8 9 DATE COMMENT ------------------------------------------------------------------------------------ ADELPHIA COMMUNICATIONS CORP DE X X 04/03/02 ADVANCE AUTO PARTS INC DE X X 04/03/02 ADVANCE STORES CO INC VA X X 04/03/02 ALD SERVICES INC NV X 03/13/02 ALLIN CORP DE X X 03/29/02 AMERALIA INC UT X X 03/29/02 AMERICAN CLASSIC VOYAGES CO DE X X 03/27/02 AMERICAN RESOURCES & DEVELOPMENT CO UT X X 04/05/02 AMERIPATH INC DE X 04/04/02 ANDERSEN GROUP INC DE X 03/26/02 ANTEON INTERNATIONAL CORP DE X X 03/15/02 AON CORP DE X 04/05/02 ARTESYN TECHNOLOGIES INC FL X X 04/05/02 ASDAR GROUP INC NV X X X 03/04/02 ASPEN TECHNOLOGY INC /DE/ DE X 04/04/02 AT HOME CORP DE X X 03/29/02 ATRION CORP DE X X 04/05/02 BOSTON GAS CO MA X X 04/01/02 BUCKEYE TECHNOLOGIES INC DE X 03/31/02 AMEND CALIFORNIA INDEPENDENT BANCORP CA X X 03/28/02 CAS MEDICAL SYSTEMS INC DE X X 04/01/02 CBCOM INC DE X X 03/12/02 CENTIV INC GA X X 04/05/02 CENTURY BUILDERS GROUP INC FL X X 04/05/02 CERTEGY INC GA X X 04/04/02 CHAMPION ENTERPRISES INC MI X X 04/03/02 CHAMPION ENTERPRISES INC MI X X 04/04/02 CHAMPION ENTERPRISES INC MI X X 04/02/02 CLARE INC MA X X 03/29/02 CLEVELAND CLIFFS INC OH X 04/04/02 COLONIAL GAS CO MA X X 04/01/02 COMPUCREDIT CORP GA X 04/01/02 AMEND CONSECO FINANCE CORP DE X 04/04/02 CREDIT & ASSET REPACKAGING VEHICLE CO DE X 04/01/02 CREDIT SUISSE FIRST BOSTON MORTGAGE S DE X X 04/02/02 DATATEC SYSTEMS INC DE X X 04/03/02 DELHAIZE AMERICA INC NC X X 03/14/02 AMEND DIGI INTERNATIONAL INC DE X X 03/25/02 DIGITALTHINK INC DE X X 04/02/02 DIVINE INC DE X X 04/05/02 DTOMI INC NV X X X X 01/21/02 AMEND DUQUESNE LIGHT CO PA X X 04/03/02 DURA AUTOMOTIVE SYSTEMS INC DE X X 04/04/02 ECHO BAY MINES LTD A0 X X 04/03/02 EDO CORP NY X 03/21/02 ENCORE ACQUISITION CO DE X X 04/01/02 ENERGYNORTH NATURAL GAS INC NH X X 04/01/02 ENSTAR INCOME PROGRAM IV-1 LP GA X X 09/04/01 ENSTAR INCOME PROGRAM IV-2 LP GA X X 09/04/01 ENTREPORT CORP FL X X 03/18/02 AMEND EOG RESOURCES INC DE X 04/05/02 EPLUS INC DE X X 03/29/02 EQCC ASSET BACKED CORP DE X X 04/05/02 EXELON CORP PA X 04/04/02 FBR ASSET INVESTMENT CORP/VA VA X X 04/03/02 FCB FINANCIAL CORP GA X X 01/23/02 AMEND FIRST ALLIANCE CORP /KY/ KY X 12/31/02 FIRST NBC CREDIT CARD MASTER TRUST X 01/10/02 AMEND FIRST NBC CREDIT CARD MASTER TRUST X 02/12/02 AMEND FIRST NBC CREDIT CARD MASTER TRUST X 12/12/01 AMEND FLEETWOOD ENTERPRISES INC/DE/ DE X 04/05/02 FLOWSERVE CORP NY X 04/05/02 FOODARAMA SUPERMARKETS INC NJ X 02/02/02 FORRESTER RESEARCH INC DE X X 04/01/02 FORTUNE BRANDS INC DE X X 04/05/02 FOSTER WHEELER LTD D0 X X 04/03/02 FPL GROUP INC FL X 04/04/02 FSI INTERNATIONAL INC MN X X 04/04/02 FTLA INC FL X X 04/04/02 GAIGE FINANCIAL GROUP INC FL X X 04/03/02 GE CAPITAL COMMERCIAL MORT CORP MORT DE X X 04/02/02 GENUITY INC DE X X 04/03/02 GLOBAL CAPITAL PARTNERS INC DE X 03/27/02 GREATAMERICA LEASING RECEIVABLES 2002 DE X X 03/28/02 GS MORTGAGE SECURITIES CORP DE X 04/03/02 HERSHEY FOODS CORP DE X 04/05/02 HOUSTON EXPLORATION CO DE X X 04/05/02 IDIAL NETWORKS INC NV X 04/05/02 AMEND IMAGENETIX INC /NV/ NV X X 10/24/00 INTERACTIVE DATA CORP/MA/ DE X 04/05/02 INTERNATIONAL ISOTOPES INC TX X X 04/01/02 JACKSONVILLE BANCORP INC /FL/ FL X X 04/01/02 JORE CORP MT X 04/04/02 KEYCORP STUDENT LOAN TRUST 1999 A X X 03/27/02 KEYSPAN CORP NY X X 03/29/02 KOPPERS INDUSTRIES INC PA X X 03/21/02 KRISPY KREME DOUGHNUTS INC X X 03/21/02 LML PAYMENT SYSTEMS INC A1 X X 01/16/02 LUMINANT WORLDWIDE CORP DE X X 04/05/02 MAJOR AUTOMOTIVE COMPANIES INC NV X X 04/01/02 MATTEL INC /DE/ DE X X 04/04/02 MOBILEPRO CORP DE X X 03/21/02 MOHEGAN TRIBAL GAMING AUTHORITY X X 04/05/02 MONEY STORE ASSET BACKED CERTIFICATES X 03/15/02 MONEY STORE HOME EQUITY LOAN TRUST 19 NJ X X 03/15/02 MONEY STORE HOME IMPROVEMENT LOAN BAC X X 03/15/02 MONEY STORE RESIDENTIAL TRUST 1998-I NJ X X 03/15/02 MONEY STORE TRUST 1998 C X X 03/15/02 MSDW STRUCTURED SATURNS SERIES 2001 2 DE X 04/01/02 MSDW STRUCTURED SATURNS SERIES 2001-6 DE X 04/01/02 NABI BIOPHARMACEUTICALS DE X 09/06/01 AMEND NATURAL SOLUTIONS CORP NV X X 03/28/02 NELNET STUDENT LOAN CORP- 2 NV X X 04/05/02 NEW WORLD RESTAURANT GROUP INC DE X X 04/05/02 OMEGA CABINETS LTD DE X 04/04/02 PEOPLENET INTERNATIONAL CORP DE X X 03/21/02 PLAINS ALL AMERICAN PIPELINE LP DE X 04/05/02 PNM RESOURCES NM X 04/04/02 PROTEO INC NV X X 03/29/02 PROVELL INC MN X X 03/07/02 PROXIM CORP DE X X 03/21/02 AMEND QUADRAMED CORP DE X X 04/05/02 REALCO INC /NM/ NM X 03/31/02 REDWOOD EMPIRE BANCORP CA X 04/04/02 RENTECH INC /CO/ CO X 04/03/02 RESEARCH INC /MN/ MN X X 01/24/02 RESERVE BANCORP INC PA X X 04/05/02 RICHARDSON ELECTRONICS LTD/DE DE X 04/04/02 RIGHT MANAGEMENT CONSULTANTS INC PA X X 04/05/02 RUSH ENTERPRISES INC \TX\ TX X X 04/01/02 SALOMON BROS MORT SEC VII SAL HOME EQ DE X 01/25/02 AMEND SIERRA PACIFIC RESOURCES /NV/ NV X X 04/04/02 SONICWALL INC CA X X 04/04/02 SONUS COMMUNICATION HOLDINGS INC DE X X 03/08/02 SPARTA SURGICAL CORP DE X 04/05/02 STILWELL FINANCIAL INC DE X X 04/05/02 SUN BANCORP INC PA X X 04/05/02 SUPERIOR NATIONAL INSURANCE GROUP INC DE X X 04/05/02 TESSA COMPLETE HEALTH CARE INC/GA GA X X 03/19/02 AMEND THERMOGENESIS CORP DE X 03/26/02 TMS MORTGAGE INC NJ X X 03/15/02 TMS MORTGAGE INC NJ X X 03/15/02 TOROTEL INC MO X X 03/21/02 TOWER BANCORP INC PA X 03/31/02 TRUMP ATLANTIC CITY ASSOCIATES NJ X X 03/31/02 UNI MARTS INC DE X X 04/05/02 UNIVERSAL CORP /VA/ VA X 04/03/02 VIDEO NETWORK COMMUNICATIONS INC DE X X 03/28/02 WARRENSBURG ENTERPRISES INC FL X X 04/03/02 WATERFORD GAMING FINANCE CORP DE X 03/26/02 WATERFORD GAMING LLC DE X 03/26/02 WEATHERFORD INTERNATIONAL INC /NEW/ DE X X 04/05/02 XCEL ENERGY INC MN X X 04/04/02 ZARLINK SEMICONDUCTOR INC X 03/28/02