Legal Opinion
Securities & Exchange Commission v. Insurance Securities, Inc.
Court of Appeals for the Ninth Circuit
Decided April 7, 1958No. 15457PublishedCited by 9 opinions
1Opinion of the Court
HAMLEY, Circuit Judge.
The sale of stock of a company which acts as investment advisor and principal underwriter of an investment company gave rise to this action. Attacking this transaction, the Securities and Exchange Commission (Commission) brought this action for injunctive relief and an accounting. Authority to bring the suit, and the jurisdiction of the district court to entertain it, were asserted under §§ 42(e) and 44 of the Investment Com*644pany Act of 1940 (act), 15 U.S.C.A. §§ 80a-41(e) and 80a-43.
Named as defendants were Insurance Securities, Incorporated (service company), and “Trust…
2Cases cited15 opinions
- American Power & Light Co. v. Securities & Exchange CommissionSupreme Court of the United States · 1946
- Collins v. HardymanSupreme Court of the United States · 1951
- Bruce's Juices, Inc. v. American Can Co.Supreme Court of the United States · 1947
- Young v. Higbee Co.Supreme Court of the United States · 1945
- 62 Cases of Jam v. United StatesSupreme Court of the United States · 1951
10 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Rome v. ArcherSupreme Court of Delaware · 1964
- Ruskay v. JensenDistrict Court, S.D. New York · 1972
- Rosenfeld v. BlackDistrict Court, S.D. New York · 1972
- Rome v. ArcherCourt of Chancery of Delaware · 1964
- Willheim v. MurchisonCourt of Appeals for the Second Circuit · 1965
4 more not listed; retrieve them via the Exa API.