Path: bloom-picayune.mit.edu!snorkelwacker.mit.edu!americast.com!americast.com!americast-post Newsgroups: americast.latimes.money From: americast-post@AmeriCast.Com Organization: American Cybercasting Approved: americast-post@AmeriCast.com Subject: OTHER NEWS Date: Fri, 6 Nov 92 07:07:09 EST Message-ID: HEADLINE: OTHER NEWS Publication Date: Thursday November 5, 1992 BYLINE: Former Executive Settles Insider-Trading Charge: Ettore Petrini, a former executive at New York-based Computer Associates International Inc., agreed to pay nearly $500,000 to settle civil insider-trading charges, the Securities and Exchange Commission said. Petrini agreed to repay $239,500 in alleged illegal profit and $239,500 as a penalty. The SEC charged that while Petrini was at Computer Associates, he learned from senior officers that the company planned to buy On-Line Software International Inc. and Pansophic Systems Inc. According to the complaint, Petrini bought stock in both On-Line and Pansophic before it became publicly known that Computer Associates was in negotiations to buy the firms. He later sold the stock for a profit. This article is copyright 1992 The Los Angeles Times Home Edition. Redistribution to other sites is not permitted except by arrangement with American Cybercasting Corporation. For more information, send-email to usa@AmeriCast.COM