Can counselor or others (i.e. J's, J's lawyer, etc.) privy to the settlement info. purchase shares of ptsc ?

Below I posted a link from sec that states what insider trading is and not.

glta

Tom

http://www.ptsc.com/news/press_releases/20071218.asp 

In addition, consistent with applicable securities laws and Patriot's insider-trading policy, the company's directors, officers, employees and consultants who have knowledge of the terms of settlement are restricted from trading in PTSC shares until after the company's quarterly financial reports are publicly filed next April.

 http://www.sec.gov/answers/insider.htm

Examples of insider trading cases that have been brought by the SEC are cases against:

• Corporate officers, directors, and employees who traded the corporation's securities after learning of significant, confidential corporate developments;

   

• Friends, business associates, family members, and other "tippees" of such officers, directors, and employees, who traded the securities after receiving such information;

   

• Employees of law, banking, brokerage and printing firms who were given such information to provide services to the corporation whose securities they traded;

   

• Government employees who learned of such information because of their employment by the government; and

   

• Other persons who misappropriated, and took advantage of, confidential information from their employers.