Legal Opinion
Securities & Exchange Commission v. ETS Payphones, Inc.
Court of Appeals for the Eleventh Circuit
Decided August 6, 2002No. 01-10107PublishedCited by 21 opinions
1Per curiam
Charles E. Edwards appeals from the district court’s grant of a preliminary injunction in favor of the Securities and Exchange Commission (SEC). The SEC alleged Edwards’ company, ETS Payphones, Inc. (ETS), sold securities in violation of the registration and anti-fraud provisions of the federal securities laws. See 15 U.S.C. §§ 77e(a), 77e(c), 77q(a), 78j(b); 17 C.F.R. § 240.10b-5. The SEC alleged these securities involved “investment contracts" whereby investors purchased a pay telephone from Edwards only to lease it back to ETS for management in exchange for a fixed monthly fee. The court…
2Cases cited13 opinions
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- Fed. Sec. L. Rep. P 94,710 Securities and Exchange Commission v. Koscot Interplanetary, Inc.Court of Appeals for the Fifth Circuit · 1974
- Teague v. BakkerCourt of Appeals for the Fourth Circuit · 1994
- United States Securities & Exchange Commission v. Infinity Group Co.Court of Appeals for the Third Circuit · 2000
8 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Securities & Exchange Commission v. EdwardsSupreme Court of the United States · 2004
- Securities and Exchange Commission v. Paul S. Rubera, Securities and Exchange Commission v. Paul S. RuberaCourt of Appeals for the Ninth Circuit · 2003
- Securities & Exchange Commission v. ETS Payphones, Inc.Court of Appeals for the Eleventh Circuit · 2005
- James G. Robinson v. Thomas W. Glynn, and Glynn Scientific, Incorporated Geophone Company, LLCCourt of Appeals for the Fourth Circuit · 2003
- State Ex Rel. Miller v. PaceSupreme Court of Iowa · 2004
16 more not listed; retrieve them via the Exa API.