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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Taki who wrote (88025)	11/19/2004 11:47:18 AM
From: Taki	Respond to of 122088

RVSI.60.Robotic Vision Systems,Inc.Reports SEC Action Friday November 19, 11:41 am ET NASHUA, N.H., Nov. 19 /PRNewswire-FirstCall/ -- Robotic Vision Systems, Inc. (RVSI) (OTC Bulletin Board: RVSI.OB - News) today said it has been notified by the Securities and Exchange Commission (SEC) that a civil fraud action has been filed against four former and one current RVSI employees relating to RVSI's restatement of earnings in May 2001. Four of the five defendants have consented to the entry of judgments against them without admitting or denying the allegations of the SEC's complaint. RVSI agreed to the settlement without admitting or denying the SEC's factual allegations against RVSI. ADVERTISEMENT "These proceedings deal with events that are now more than three years in the past. We are pleased to put this matter behind us," said RVSI Chairman and Chief Executive Officer Pat V. Costa.