Legal Opinion
Securities & Exchange Commission v. Tome
District Court, S.D. New York
Decided July 22, 1986No. 81 Civ. 1836(MP)PublishedCited by 19 opinions
1Opinion of the Court
MEMORANDUM ACCOMPANYING JUDGMENT
MILTON POLLACK, Senior District Judge.
Prejudgment Interest
The Findings and Opinion in this case, filed June 3, 1986, stated that prejudgment interest on the amounts subject to disgorgement in this civil insider trading action brought by the SEC, was to be calculated at the average prime rate for the period from March 11, 1986, the day after the unlawful purchase of St. Joe securities based on inside information, through the date of the Findings and Opinion. This amount turned out to be approximately 13% per annum. On further consideration, after hearing…
2Cases cited14 opinions
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
- Piper v. Chris-Craft Industries, Inc.Supreme Court of the United States · 1977
- Dirks v. Securities & Exchange CommissionSupreme Court of the United States · 1983
- Huddleston v. Herman & MacLeanCourt of Appeals for the Fifth Circuit · 1981
- Bateman Eichler, Hill Richards, Inc. v. BernerSupreme Court of the United States · 1985
9 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Securities & Exchange Commission v. ContorinisCourt of Appeals for the Second Circuit · 2014
- Securities & Exchange Commission v. SargentCourt of Appeals for the First Circuit · 2003
- Securities & Exchange Commission v. Drexel Burnham Lambert Inc.District Court, S.D. New York · 1993
- Securities & Exchange Commission v. MusellaDistrict Court, S.D. New York · 1989
- Cayuga Indian Nation of New York v. PatakiDistrict Court, N.D. New York · 2001
14 more not listed; retrieve them via the Exa API.