Legal Opinion
Fleet/Norstar Financial Group, Inc. v. Securities & Exchange Commission
District Court, D. Maine
Decided July 30, 1991No. Misc. No. 91-0095-PPublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM OF DECISION AND ORDER DENYING PLAINTIFF’S MOTION TO QUASH A SUBPOENA DUCES TECUM
GENE CARTER, Chief Judge.
Plaintiff Fleet/Norstar Financial Group, Inc., on behalf of its subsidiary Fleet Bank of Maine, moves to quash an investigative subpoena issued by Defendant Securities and Exchange Commission (hereinafter SEC) seeking certain documents relating to Maine Saving Bank’s loan loss reserves and provisions.1 Plaintiff argues that disclosing the requested documents would violate the Maine Confidential Financial Records Act, 9-B M.R.S.A. §§ 161-164, and would thereby subject Plaintiff…
2Cases cited5 opinions
- Reisman v. CaplinSupreme Court of the United States · 1964
- Atlantic Richfield Company v. Federal Trade CommissionCourt of Appeals for the Fifth Circuit · 1977
- Sprecher v. GraberCourt of Appeals for the Second Circuit · 1983
- Peoples Bank of Danville v. WilliamsDistrict Court, W.D. Virginia · 1978
- United States Securities & Exchange Commission v. IsbrandtsenDistrict Court, S.D. New York · 1965
3Cited by1 opinion
- Lopes v. Resolution Trust Corp.District Court, D. Rhode Island · 1994