 In 1968, Fuller sold unregistered promissory notes in interstate commerce for which he was charged with violating the Federal Securities Act.After pleading guilty, being placed on five years' probation, and ordered to repay creditors $1.6 million, Fuller Products entered bankruptcy in 1971.Although the company reorganized, and reported profits of $300,000 in 1972, and the cosmetics portion of the old company was rebuilt, it never returned to the firm's previous levels of size or profitability.