Legal Opinion
Securities & Exchange Commission v. Glass Marine Industries, Inc.
District Court, D. Delaware
Decided October 24, 1961No. Civ. A. No. 2276PublishedCited by 1 opinion
1Opinion of the Court
LEAHY, Senior District Judge.
The Securities and Exchange Commission brought this action under § 20(b) of the Securities Act of 1933,15 U.S.C.A. § 77t(b) and § 21(e) of the Securities Exchange Act of 1934, 15 U.S.C.A. § 78u (e), and charges Glass Marine Industries, Inc., with certain violations in connection with the public offering on July 6, 1960 of the defendant’s securities. The SEC seeks injunctive relief against defendant and the appointment of a liquidating receiver. Defendant denied all charges of violations and has resisted the issuance of an injunction and the appointment of a…
2Cases cited12 opinions
- Hecht Co. v. BowlesSupreme Court of the United States · 1944
- Virginian Railway Co. v. System Federation No. 40Supreme Court of the United States · 1937
- International Salt Co. v. United StatesSupreme Court of the United States · 1947
- Securities & Exchange Commission v. United States Realty & Improvement Co.Supreme Court of the United States · 1940
- Eccles v. Peoples Bank of Lakewood VillageSupreme Court of the United States · 1948
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3Cited by1 opinion
- Securities & Exchange Commission v. Glass Marine Industries, Inc.District Court, D. Delaware · 1962