Securities & Exchange Commission v. Tecumseh Holdings Corp.

OPINION AND ORDER

SHIRA A. SCHEINDLIN, District Judge.

I. INTRODUCTION

In 2003, the Securities and Exchange Commission (“SEC”) filed this suit alleg ing securities violations by Tecumseh Holding Corporation (“Tecumseh”), Tecumseh Tradevest LLC (“Tradevest”), S.B. Cantor & Company (“Cantor”), John L. Milling, Gerard A. McCallion, Anthony M. Palovchik and Dale Carone. In 2009, the SEC moved for partial summary judgment against Milling, who proceeds pro se, on its non-scienter claims. I granted the SEC’s motion with respect to its claim that Milling violated Sections 5(a) and (c) of the Securities…