SEC NEWS DIGEST Issue 2002-235 December 6, 2002 ENFORCEMENT PROCEEDINGS JUDGMENTS OF PERMANENT INJUNCTION ENTERED AGAINST EDUARDO VILLAR, FORMER PRINCIPAL OF WEB HOSTING HEADQUARTERS PARTNERSHIP AND WAYNE PRICHASON, FORMER SALES MANAGER The Commission announced that the Honorable Shelby Highsmith, United States District Court Judge for the Southern District of Florida, entered Judgments of Permanent Injunction and Other Relief (Judgments) against Eduardo Villar (Villar) on Nov. 14, 2002 and Wayne L. Prichason (Prichason) on June 4, 2001. The Judgments against Villar and Prichason, entered by their consent, without admitting or denying the allegations of the Commission's complaint, enjoin them from violations of Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933 and Section 10(b) and 15(a)(1) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder. In addition to enjoining Villar and Prichason, the Judgments also provide for disgorgement and the imposition of a civil money penalty, in amounts to be reached by the parties or determined by the Court upon the Commission's motion. On Dec. 28, 2000, the SEC filed an emergency action against Villar, Prichason and others seeking to enjoin the alleged ongoing fraudulent offering of securities issued by Web Hosting Headquarters Partnership (Web Hosting). Web Hosting's principals operated a boilerroom in Miami, Florida, employing telemarketers who used hard pressure sales tactics to sell units in Web Hosting. Among other things, the SEC's complaint alleges that Defendants failed to disclose to investors that it was controlled by individuals with a prior history of defrauding investors, and that it had diverted at least 62% of funds raised from investors to pay its principals and telemarketers. [SEC v. Web Hosting Headquarters Partnership, et al.,Case No. 00-4975-CIV-HIGHSMITH, S.D. Fla.] (LR- 17875) SEC FILES SUBPOENA ENFORCMENT ACTION AGAINST MORGAN COOPER The Commission announced today the filing of a subpoena enforcement action against Morgan Cooper, the former Chairman and Chief Executive Officer of Morgan Cooper, Inc. The Commission alleges that Mr. Cooper failed to appear for testimony pursuant to a Commission subpoena issued to him in connection with an investigation captioned In the Matter of Morgan Cooper, Inc. The Commission also alleges that Mr. Cooper failed to respond to staff requests to reschedule his testimony. The Commission is seeking an Order directing Mr. Cooper to show cause why the Court should not enter an Order requiring his appearance for testimony, and an Order requiring him to comply fully with the Commission's subpoena. [SEC v. Morgan Cooper, No. 1:02MS00485 (RWR) D.D.C.] (LR-17876) SELF-REGULATORY ORGANIZATIONS IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGES A proposed rule change (SR-NASD-2002-172) filed by the National Association of Securities Dealers, through its subsidiary The Nasdaq Stock Market, Inc., to delay the imposition of distributor fees for SuperMontage View Suite data feeds under NASD Rule 7010(q), has become effective under Section 19(b)(3)(A)(ii) of the Securities Exchange Act of 1934. Publication of the proposal is expected in the Federal Register during the week of Dec 9. (Rel. 34-46946) The National Association of Securities Dealers filed a proposed rule and filed Amendment No. 1 thereto (SR-NASD-2002-161) relating to establishing effective dates for certain provisions of NASD Rule 2711, Research Analysts and Research Reports. The New York Stock Exchange filed a proposed rule change (SR-NYSE-2002-60), relating to establishing effective dates for certain provisions NYSE Rule 472, Communications with the Public. Publication of the proposal is expected in the Federal Register during the week of Dec. 9. (Rel. 34-46949) 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 NEON SYSTEMS INC, 14100 SOUTHWEST FREEWAY, STE 500, SUGARLAND, TX, 77478, 8005056366 - 0 ($6,754,355.00) Equity, (File 333-101653 - Dec. 5) (BR. 03) S-8 ROANOKE TECHNOLOGY CORP, 539 BECKER DRIVE, ROANOKE RAPIDS, NC, 27870, 2525379222 - 710,000 ($21,300.00) Equity, (File 333-101654 - Dec. 5) (BR. 08) SB-2 GOLDEN PHOENIX MINERALS INC /MN/, 3595 AIRWAY DR, STE 406, RENO, NV, 89511, 7758534919 - 23,624,604 ($5,197,412.88) Equity, (File 333-101655 - Dec. 5) (BR. 04) S-8 MULTI TECH INTERNATIONAL CORP, 760 KILLIAN ROAD, AKRON, OH, 44319, 3307855555 - 1,000,000 ($14,500.00) Equity, (File 333-101656 - Dec. 5) (BR. 09) S-8 EMULEX CORP /DE/, 3535 HARBOR BLVD, COSTA MESA, CA, 92626, 7146625600 - 0 ($109,200,000.00) Equity, (File 333-101657 - Dec. 5) (BR. 03) S-3 SOUTHWESTERN ENERGY CO, 2350 N. SAM HOUSTON PARKWAY EAST, SUITE 300, HOUSTON, TX, 77032, 2816184700 - 300,000,000 ($300,000,000.00) Unallocated (Universal) Shelf, (File 333-101658 - Dec. 5) (BR. 04) S-8 RUSHMORE FINANCIAL GROUP INC, 13355 NOEL RD, STE 650, DALLAS, TX, 75240, 9724506000 - 0 ($26,950.00) Equity, (File 333-101659 - Dec. 5) (BR. 01) S-8 GLOBAL INDUSTRIAL SERVICES INC, 200-1311 HOWE ST, VANCOUVER BC CANADA, V6Z 2P3, 5098918373 - 5,000,000 ($400,000.00) Equity, (File 333-101660 - Dec. 5) (BR. 09) SB-2 DELCATH SYSTEMS INC, 1100 SUMMER ST 3RD FLOOR, STAMFORD, CT, 06905, 2033238668 - 0 ($3,450,000.00) Equity, (File 333-101661 - Dec. 5) (BR. 01) S-8 BERKSHIRE HATHAWAY INC, 1440 KIEWIT PLZ, OMAHA, NE, 68131, 4023461400 - 0 ($9,474,000.00) Equity, (File 333-101662 - Dec. 5) (BR. 01) S-8 JAKKS PACIFIC INC, 22761 PACIFIC COAST HWY, #B202, MALIBU, CA, 90265, 3104567799 - 2,300,000 ($37,639,500.00) Equity, (File 333-101663 - Dec. 5) (BR. 05) S-8 BACH-HAUSER INC, 1561 HIGHWAY 3, -, CAYUGA, ONTARIO, A6, N0A 1E0, 9057725738 - 10,000,000 ($100,000.00) Equity, (File 333-101665 - Dec. 5) (BR. 06) S-3 DISCOVERY LABORATORIES INC /DE/, 350 MAIN STREET SUITE 307, DOYLESTOWN, PA, 18901, 2152404699 - 9,301,399 ($25,346,312.00) Equity, (File 333-101666 - Dec. 5) (BR. 01) S-8 COVINGHAM CAPITAL CORP, 5922-B FARNSWORTH COURT, CARLSBAD, CA, 92008, 760-918-1860 - 500,000 ($50,000.00) Equity, (File 333-101667 - Dec. 5) (BR. 09) S-1 QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE INC, 0 ($10,212,000.00) Equity, (File 333-101668 - Dec. 5) (BR. 05) S-8 NEW ENGLAND BUSINESS SERVICE INC, 500 MAIN ST, GROTON, MA, 01471, 9784486111 - 1,000,000 ($23,100,000.00) Equity, (File 333-101669 - Dec. 5) (BR. 05) S-3 WFS RECEIVABLES CORP, 444 EAST WARM SPRING ROAD, #116, LAS VEGAS, NV, 89119, 7022278100 - 2,500,000,000 ($2,500,000,000.00) Other, (File 333-101670 - Dec. 5) (BR. 05) S-3 REPUBLIC BANCSHARES INC, 111 SECOND AVE NE, STE 300, ST PETERSBURG, FL, 33701, 7278237300 - 15,000,000 ($15,000,000.00) Debt Convertible into Equity, (File 333-101672 - Dec. 5) (BR. 07) S-8 UNITED DEFENSE INDUSTRIES INC, 1525 WILSON BLVD, SUITE 700, ARLINGTON, VA, 22209-2411, 7033126100 - 0 ($93,060,000.00) Equity, (File 333-101673 - Dec. 5) (BR. 05) S-8 COMPASS BANCSHARES INC, 15 SOUTH 20TH ST, P O BOX 10566, BIRMINGHAM, AL, 35233, 2059333000 - 0 ($47,595,000.00) Equity, (File 333-101674 - Dec. 5) (BR. 07) 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 ------------------------------------------------------------------------------------ AAF MCQUAY INC DE X X 12/05/02 ACCESS SOLUTIONS INTERNATIONAL INC DE X 12/04/02 ACTION PRODUCTS INTERNATIONAL INC FL X 12/05/02 AMERADA HESS CORP DE X 12/05/02 AMERICAN EAGLE OUTFITTERS INC DE X X 12/04/02 AMERICAN EXPRESS CO NY X 11/07/02 AMERICAN NATURAL ENERGY CORP OK X 12/04/02 AMERIQUEST MORTGAGE SECURITIES INC DE X 11/13/02 AMERIQUEST MORTGAGE SECURITIES INC DE X X 11/20/02 AMERIVEST PROPERTIES INC MD X X 11/25/02 AMERUS GROUP CO/IA IA X X X 12/05/02 ARMITEC INC DE X X 11/22/02 ASTROCOM CORP MN X X 12/04/02 AT COMM CORP DE X X 11/22/02 BAB INC DE X 11/30/02 BASIC TECHNOLOGIES INC CO X 11/26/02 AMEND BEAR STEARNS ASSET BACKED FUNDING INC DE X X 12/04/02 BEYOND COM CORP DE X X 11/18/02 BIOTRANSPLANT INC DE X X 12/04/02 BOSTON COMMUNICATIONS GROUP INC MA X 12/31/02 BOSTON PROPERTIES INC DE X X 12/05/02 BRANDPARTNERS GROUP INC DE X X 12/04/02 BRIAZZ INC WA X X 12/04/02 CALIFORNIA INDEPENDENT BANCORP CA X X 11/19/02 CALTON INC NJ X 11/21/02 CENTRAL VERMONT PUBLIC SERVICE CORP VT X 12/05/02 CHARTER COMMUNICATIONS INC /MO/ DE X X 12/04/02 CHASE FUNDING INC NY X X 12/31/02 CHESAPEAKE ENERGY CORP OK X 12/04/02 CHESAPEAKE ENERGY CORP OK X 12/04/02 CHESAPEAKE ENERGY CORP OK X 12/04/02 CHILDTIME LEARNING CENTERS INC MI X X 12/04/02 CONVERGYS CORP OH X 12/05/02 CORIXA CORP DE X X 12/04/02 CORIXA CORP DE X X 10/02/02 CORIXA CORP DE X 12/04/02 CORNING INC /NY NY X X 12/05/02 CSFB MORT SEC CORP COMM MORT PAS THR DE X X 11/18/02 DELUXE CORP MN X X 12/04/02 DOLLAR GENERAL CORP TN X X 12/05/02 DOLLAR THRIFTY AUTOMOTIVE GROUP INC DE X X 12/03/02 DT INDUSTRIES INC DE X X 12/05/02 DTVN HOLDINGS INC DE X X 11/27/02 DUN & BRADSTREET CORP/NW DE X 12/05/02 EAGLE FOOD CENTERS INC DE X 12/04/02 EDISON BROTHERS STORES INC DE X X 12/03/02 ENTREPORT CORP FL X 11/25/02 EXCHANGE BANCSHARES INC OH X X 12/04/02 FAIRCHILD SEMICONDUCTOR INTERNATIONAL DE X X 12/05/02 FIRST HORIZON ASSET SECURITIES INC DE X X 11/26/02 FONEFRIEND INC DE X X 11/21/02 FRANKLIN BANCORP INC MI X X 11/26/02 GAINSCO INC TX X 12/02/02 GAP INC DE X X 12/05/02 GLOBALSANTAFE CORP X X 12/05/02 GRANT GEOPHYSICAL INC DE X 12/05/02 GREENWICH CAPITAL COM FUNDING CORP MO X X 12/05/02 GS MORTGAGE SECURITIES CORP DE X X 12/05/02 GUILFORD PHARMACEUTICALS INC DE X 12/03/02 HA LO INDUSTRIES INC IL X X 12/05/02 HEALTHCARE REALTY TRUST INC MD X X 12/04/02 HOOVERS INC DE X X 12/05/02 HUMANA INC DE X 12/05/02 IMMULABS CORP CO X 12/05/02 INDYMAC MBS INC RES AS SEC TR 2002-A3 X 10/25/02 INDYMAC MBS INC RES AS SEC TR 2002-A3 X 10/25/02 INDYMAC MBS INC RESIDENTIAL ASSET SEC X 10/25/02 INDYMAC MBS INC RESIDENTIAL ASSET SEC X 10/25/02 INDYMAC MBS RESIDENTIAL ASSET SECURIT X 10/25/02 INTEGRATED HEALTH SERVICES INC DE X X 12/04/02 INTEL CORP DE X 12/05/02 INTERNATIONAL LEASE FINANCE CORP CA X 12/05/02 INTERNATIONAL STAR INC NV X X 11/15/02 AMEND INVESTORS FINANCIAL SERVICES CORP DE X 12/05/02 J NET ENTERPRISES INC NV X 11/26/02 KINGSGATE ACQUISITIONS INC DE X 12/31/02 KOALA INTERNATIONAL WIRELESS INC NV X 11/20/02 KOPPERS INDUSTRIES INC PA X X 12/04/02 LECSTAR CORP TX X 12/02/02 LEUCADIA NATIONAL CORP NY X X 11/27/02 LEVI STRAUSS & CO DE X 12/04/02 LEXAR MEDIA INC CA X X 12/04/02 LIFE PARTNERS HOLDINGS INC TX X 12/04/02 LUCILLE FARMS INC DE X X 10/29/02 AMEND MELLON RESIDENTIAL FUNDING CORP DE X 12/05/02 MENS WEARHOUSE INC TX X X 01/01/02 MERCK & CO INC NJ X X 12/05/02 MOHEGAN TRIBAL GAMING AUTHORITY X X 12/04/02 MURPHY OIL CORP /DE DE X X 12/04/02 NATCO GROUP INC DE X X 12/04/02 NATIONAL PENN BANCSHARES INC PA X 12/05/02 NATIONAL STEEL CORP DE X X 12/05/02 NATURAL RESOURCE PARTNERS LP DE X X 12/05/02 NEW VALLEY CORP DE X X 12/04/02 NEWFIELD EXPLORATION CO /DE/ DE X X 11/26/02 NORD PACIFIC LIMITED X 12/05/02 NORTH AMERICAN TECHNOLOGIES GROUP INC DE X 12/03/02 NORTHROP GRUMMAN CORP /DE/ DE X X 12/05/02 OCEAN RESOURCES INC DE X X 12/03/02 ORYX TECHNOLOGY CORP DE X 11/30/02 PEREGRINE SYSTEMS INC DE X X X 11/19/02 PERKINELMER INC MA X 12/04/02 AMEND PEROT SYSTEMS CORP DE X 12/04/02 PINNACLE ENTERTAINMENT INC DE X X 12/04/02 PLATO LEARNING INC DE X 12/05/02 PREMIER FINANCIAL BANCORP INC KY X X 12/05/02 RENT WAY INC PA X 12/05/02 RICHARDSON ELECTRONICS LTD/DE DE X 05/31/02 RIVIERA HOLDINGS CORP NV X X 12/04/02 SAKS INC TN X 12/05/02 SEITEL INC DE X X 12/02/02 SEQUOIA RESIDENTIAL FUNDING INC X X 11/22/02 SHIRE PHARMACEUTICALS GROUP PLC X X 12/04/02 SIMON PROPERTY GROUP INC /DE/ DE X X 12/05/02 SIMON PROPERTY GROUP L P /DE/ DE X X 12/05/02 SLM FUNDING CORP DE X X 11/02/02 SMARTDISK CORP DE X X 12/03/02 STAGE STORES INC NV X X 12/05/02 STRUCTURED ASSET SECURITIES CORP II X X 12/03/02 STUDENT LOAN CORP DE X 11/25/02 SUREBEAM CORP DE X X 12/02/02 TETRA TECH INC DE X X 12/04/02 TICKETS COM INC DE X X 11/29/02 TROY FINANCIAL CORP DE X X 12/05/02 TYCO INTERNATIONAL LTD /BER/ D0 X 12/05/02 VENTAS INC DE X X 12/03/02 VERIZON COMMUNICATIONS INC DE X 12/05/02 VERTEX INTERACTIVE INC NJ X 11/15/02 VITAL LIVING INC AZ X X 11/20/02 AMEND WASHINGTON MUTUAL INC WA X 12/05/02 WEBSTER FINANCIAL CORP DE X X 12/04/02 WELLS FARGO ASSET SECURITIES CORP DE X X 12/05/02 WELLS REAL ESTATE INVESTMENT TRUST IN MD X 12/04/02 WESTERN DIGITAL CORP DE X 12/04/02 WILLIAMS COMPANIES INC DE X 12/02/02 WILSHIRE TECHNOLOGIES INC CA X X 11/28/02 XFONE INC NV X X 12/05/02