Former Impath Inc. president and chief operating officer Richard Adelson was found guilty of securities fraud, conspiracy, and filing false statements with the SEC in connection with a scheme to inflate the medical information company’s earnings and revenues.  Adelson was acquitted on seven other false statement and soliciting false proxy counts.  The company’s former CEO, Anuradha Saad, received a three-month prison term in January 2006 after pleading guilty to soliciting false proxies that did not disclose her charges of over $120,000 in personal expenses to the company through her corporate credit card; four other executives entered guilty pleas related to the fraudulent accounting.  Adelson was accused of helping to inflate Impath’s revenues by approximately $64 million from 2000 to 2002, and the company collapsed into bankruptcy in 2003. An AP story (here) discusses Adelson’s conviction. (ph)