SECURITIES AND EXCHANGE COMMISSION
                                   Washington, D.C.

        Litigation Release No. 15714 / April 21, 1998

        Securities and Exchange Commission v. Atlantic Capital Corporation,
        Wall Street Marketing, Inc., Pullman Publications, Inc., Stephen
        DeCesare, Mark Missler, Patrick Kephart, Howard Jenkins, Scott
        Mijares, Robert Thomas Beatty, Vincent St. Clair Beatty, Michael
        Cardascia, David Scott Rossman, Adrian Wilson, Timothy B. Daley, and
        David M. Connochie (M.D. Fla.) No. 96-1043-CIV-ORL-19A

             The Commission announced today that a stockbroker, previously
        charged with receiving kickbacks in exchange for selling certain
        securities to his clients, has settled the charges against him. On
        September 27, 1996, the Commission filed a Complaint in U.S. District
        Court for the Middle District of Florida alleging that a group of
        stock promoters engaged in an 18-month fraudulent scheme in which they
        paid $477,580 in kickbacks to seven stockbrokers to induce them to
        retail certain securities to their customers.  The Complaint further
        alleges that the stockbrokers defrauded their customers by failing to
        disclose to the customers that they were receiving these kickbacks.

             The settling stock broker is Michael Cardascia, ("Cardascia"),
        age 32, of Manhasset, New York. During the period Cardascia was
        alleged to have received the illegal payments, he was employed by
        Corporate Securities Group, Inc., a broker-dealer registered with the
        Commission.

             Cardascia consented, without admitting or denying the allegations
        in the Complaint, to the issuance of a Final Judgment by Judge
        Patricia C. Fawsett of the United States District Court for the Middle
        District of Florida enjoining him from future violations of Section
        17(a) of the Securities Act of 1933 and Section 10(b) of the
        Securities Exchange Act of 1934 and Rule 10b-5 -- the "antifraud"
        provisions of the federal securities laws.  The amount of any
        disgorgement, prejudgment interest and  civil penalties to be paid by
        Cardascia is yet to be determined.

             The Commission's litigation remains pending against three brokers
        and one stock promoter.

        For further information See Litigation Release No. 15082, September
        27, 1996, Litigation Release No. 15428, August 4, 1997, Litigation
        Release No. 15532, October 10, 1997 and Litigation Release No. 15626,
        January 28, 1998.