Legal Opinion
Pennaluna & Company, Inc., Benjamin A. Harrison, and Harry F. Magnuson v. Securities and Exchange Commission
Court of Appeals for the Ninth Circuit
Decided July 11, 1969No. 22143_1PublishedCited by 28 opinions
1Opinion of the Court
MERRILL, Circuit Judge:
Pursuant to § 25 of the Securities Exchange Act of 1934, 15 U.S.C. § 78y(a), petitioners seek review of an order of the Securities and Exchange Commission.
Pennaluna & Company was a corporation operating in Wallace and Kellogg, Idaho, and Spokane, Washington, as a registered broker-dealer in securities. It dealt primarily in securities issued by mining companies and for the most part traded on a wholesale basis with other broker-dealers. The company was owned by the two individual petitioners. Harrison owed 62% per cent of the stock and served as president, operated the…
2Cases cited8 opinions
- Rochester Telephone Corp. v. United StatesSupreme Court of the United States · 1939
- Securities & Exchange Commission v. Ralston Purina Co.Supreme Court of the United States · 1953
- Gratz v. ClaughtonCourt of Appeals for the Second Circuit · 1951
- General Motors Corp. v. United StatesSupreme Court of the United States · 1941
- Securities & Exchange Commission v. Chinese Consol. Benev. Ass'nCourt of Appeals for the Second Circuit · 1941
3 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- In Re Convergent Technologies Securities LitigationDistrict Court, N.D. California · 1985
- Fed. Sec. L. Rep. P 97,588 Securities and Exchange Commission v. Stephen MurphyCourt of Appeals for the Ninth Circuit · 1980
- In Re National Mortgage Equity Corp. Mortgage Pool Certificates Securities LitigationDistrict Court, C.D. California · 1986
- Estate of Piper v. CommissionerUnited States Tax Court · 1979
- Fed. Sec. L. Rep. P 94,335 United States of America v. Robert B. BruceCourt of Appeals for the Fifth Circuit · 1974
23 more not listed; retrieve them via the Exa API.