U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 20863A / January 22, 2009

Securities and Exchange Commission v. Aaron S. Cooksey, Civil Action No. 1:09-CV-044-LY U.S.D.C./Western District of Texas (Austin Division)

SEC Settles Insider Trading Case With Aaron S. Cooksey

Today, the United States Securities and Exchange Commission filed a civil action against Aaron S. Cooksey, a resident of Austin, Texas, alleging that he committed insider trading. The Commission's complaint alleges that from November 2007 to early February 2008, Freescale Semiconductor, Inc. and SigmaTel, Inc. negotiated a deal that resulted in Freescale acquiring SigmaTel. During this time, Cooksey was Freescale's manager of qualified plans and worked on the pre-acquisition due diligence. While performing his job duties, Cooksey learned material nonpublic information about the SigmaTel acquisition. He misappropriated this information when he purchased SigmaTel stock before Freescale publicly announced the deal.

Cooksey has consented to the entry of a final judgment that permanently enjoins him from violating Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder. Cooksey has agreed to pay disgorgement in the amount of $23,552, plus prejudgment interest of $883.70, and a civil money penalty in the amount of $23,552. Cooksey neither admits nor denies the allegations in the complaint.

The Commission acknowledges the assistance provided by the Financial Industry Regulatory Authority in this matter.

SEC Complaint