WoW! Good research! " (b) Defendant Berman was, at all relevant times prior to July 18, 1995, Chief Executive Officer and a director of the Company, and until his termination in October 1995, President of the Company. Defendant Berman signed, prepared, and/or disseminated the Registration Statement and Prospectus for the purpose of selling and/or offering to sell Access HealthNet securities. Furthermore, defendant Berman disseminated additional false statements during the Class Period -for the purpose of inflating the price of Access HealthNet stock and inducing others to purchase his shares of Access HealthNet stock. Because of Berman's position with the Company, he had access to the non-public information about Access HealthNet's business, accounting practices, finances, products, markets and present and future business prospects via access to internal corporate documents (including the Company's operating plans, budgets and forecasts and reports of actual operations compared thereto), conversations and connections with other corporate officers and employees, attendance at management and Board of Directors meetings and committees thereof and via reports and other information provided to him in connection therewith. Defendant Berman had access to material non public information regarding the Company's fraudulent accounting practices, including the impropriety of certain recognized revenue, as well as the Company's inability to fulfill orders and install products as represented. Based on such information, Berman knew, or should have known, that the Company was improperly reporting revenues and income by issuing false financial results in press releases and SEC filings. In connection with Access HealthNet's 1994 and 1995 SEC filings and private placement offerings, defendant Berman prepared and disseminated fraudulent financial statements. During the Class Period and as part of the fraudulent scheme, Berman sold $135,000 of Access HealthNet stock based on inside information."
Is this the same guy??? Ya notice they didn't SAY what he was doing in 1994-1996...
"For over the past 20 years, Mr. Berman has been involved in the development of healthcare software including Intranet and Internet systems. From July 1999 to present, Mr. Berman has held the position of President, founder and director of Caredecision.net, Inc., a private company engaged in e-health technology development. From March 2001 through June 2002 Mr. Berman also held the Position of President and Director or Medicius, Inc. From January 1996 to June 1999 Mr. Berman was the President and founder of Cymedix, the operating division of the former Ramp Corp. (RCO). Cymedix was a pioneer company in what was then known as i-health (Internet healthcare) now the e-health industry" http://finance.yahoo.com/news/tauriga-sciences-inc-appoints-mr-120000206.html
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