Legal Opinion
Campbell v. Degenther
District Court, W.D. Pennsylvania
Decided June 6, 1951No. Civ. A. 7738PublishedCited by 15 opinions
1Opinion of the Court
GOURLEY, Chief Judge.
This is an action under the Securities Act of 1933, 15 U.S.C.A. § 77a et seq., to recover the consideration paid for undivided interests in oil well drilling operations. Jurisdiction is conferred upon the Court by Section 22(a) of the Act, 15 U.S.C.A. § 77v(a).
Defendant was engaged in the drilling for oil and gas in the State of Michigan. To finance the projects, undivided interests in the leases which he held were sold to various persons, among whom were the plaintiffs.
The business venture was not advertised nor was any other means employed to disseminate the information…
2Cases cited5 opinions
- United States v. American Trucking AssociationsSupreme Court of the United States · 1940
- Schlemmer v. Buffalo, Rochester & Pittsburg Railway Co.Supreme Court of the United States · 1907
- Charles Hughes & Co. v. Securities & Exchange CommissionCourt of Appeals for the Second Circuit · 1943
- A. C. Frost & Co. v. Coeur D'Alene Mines Corp.Supreme Court of the United States · 1941
- Securities & Exchange Commission v. Sunbeam Gold Mines Co.Court of Appeals for the Ninth Circuit · 1938
3Cited by15 opinions
- Fed. Sec. L. Rep. P 93,213 Hill York Corporation v. American International Franchises, Inc., Gurn H. FreemanCourt of Appeals for the Fifth Circuit · 1971
- Burton S. Knapp v. John P. Kinsey, John P. Kinsey v. Burton S. KnappCourt of Appeals for the Sixth Circuit · 1957
- Woodward v. WrightCourt of Appeals for the Tenth Circuit · 1959
- Johns Hopkins University v. HuttonDistrict Court, D. Maryland · 1968
- Repass v. ReesDistrict Court, D. Colorado · 1959
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