TECHNOLOGY - Jan. 12, 1996

2 Settle Charges in AT&T; Insider Trading Case: Two men charged in the AT&T; Corp. insider trading case have settled civil charges by agreeing to pay about $43,000 in penalties, the Securities and Exchange Commission said. Lawrence Friedman, a former Nynex telephone executive, and James Galante are the first defendants to settle SEC civil charges, brought in February 1995, SEC attorney Rory Flynn said. Eight others involved in the case face sentencing on related criminal charges brought by the U.S. attorney’s office, he said. Friedman and Galante do not face criminal charges. Both men settled the case without admitting or denying wrongdoing. The SEC case charged that the defendants were fed illicit tips about AT&T; takeover plans.