Securities & Exchange Commission v. Kimmes
District Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
SHADUR, District Judge.
On August 3, 1989 the Securities and Exchange Commission (“SEC”) brought this action against 14 individuals and two corporations, charging a large-scale securities fraud in the marketing and sale of low-priced securities (so-called “penny stocks”). This opinion deals with the legal issues that have arisen out of the alleged failure of defendant Thomas Quinn (“Quinn”) to obey this Court’s September 1, 1989 Order of Preliminary Injunction and Other Equitable Relief (the “Order”).
Quinn was incarcerated at the Maison d’Arrét de la Santé in Paris,…
2Cases cited25 opinions
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- Maryland v. CraigSupreme Court of the United States · 1990
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