Legal Opinion
Securities & Exchange Commission v. Parklane Hosiery Co., Inc.
Court of Appeals for the Second Circuit
Decided July 8, 1977No. Nos. 1395, 1290, Dockets 77-6012 and 77-6023PublishedCited by 1 opinion
1Opinion of the Court
MEHRTENS, District Judge:
This action was brought by the Securities and Exchange Commission against Park-lane Hosiery Co., Inc. and Herbert N. So-mekh under Section 17(a) of the Securities Act of 1933, 15 U.S.C. § 77q(a) and Sections 10(b), 13(a) and 14(a) of the Securities and Exchange Act of 1934, 15 U.S.C. § 78j(b), 78m(a) and 78n(a) and the various rules promulgated thereunder.1
At issue is whether the district judge erred in finding Parklane’s proxy statement to be defective in three respects and in denying injunctive relief to the Commission.
We affirm the order of the district judge,…
2Cases cited15 opinions
- United States v. W. T. Grant Co.Supreme Court of the United States · 1953
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Securities and Exchange Commission v. Manor Nursing Centers, Inc.Court of Appeals for the Second Circuit · 1972
- Gustave Gerstle, (Cross-Appellants) v. Gamble-Skogmo, Inc., (Cross-Appellee)Court of Appeals for the Second Circuit · 1973
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3Cited by1 opinion
- Securities And Exchange Commission v. Parklane Hosiery Co., Inc.Court of Appeals for the Second Circuit · 1977