Legal Opinion
Securities & Exchange Commission v. American International Savings & Loan Association, Inc.
District Court, D. Maryland
Decided October 31, 1961No. Civ. No. 13249PublishedCited by 7 opinions
1Opinion of the Court
THOMSEN, Chief Judge.
This is an action brought by the Securities and Exchange Commission (SEC) under sec. 20(b) of the Securities Act of 1933, as amended, 15 U.S.C.A. § 77t(b), to enjoin defendants from violating secs. 5(a) and (c) of the Act, 15 U. *344S.C.A. § 77e(a) and (e),1 by offering for sale or selling the stock of American International Savings and Loan Association, Inc. (the Association) until a registration statement has been filed with the SEC, or selling such stock until the registration statement has become effective.
The principal issue is whether the stock in question is exempt…
2Cases cited15 opinions
- Federal Trade Commission v. Morton Salt Co.Supreme Court of the United States · 1948
- Securities & Exchange Commission v. Ralston Purina Co.Supreme Court of the United States · 1953
- Louisville Gas & Electric Co. v. ColemanSupreme Court of the United States · 1928
- Gilligan, Will & Co., a Partnership, and James Gilligan and William Will v. Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 1959
- Bowers v. Lawyers Mortgage Co.Supreme Court of the United States · 1932
10 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- In Re Furniture Distributors, Inc.United States Bankruptcy Court, D. Massachusetts · 1984
- Securities & Exch. Com. v. American Internat'l S. & L. Ass'nDistrict Court, D. Maryland · 1961
- Howard County v. CarrollCourt of Special Appeals of Maryland · 1987
- Alexander Tcherepnin v. Joseph E. Knight and Justin Hulman, Alexander Tcherepnin v. City Savings Association, Dennis Kirby, Harry Hartman and Louis Kwasman, Alexander Tcherepnin v. Robert FranzCourt of Appeals for the Seventh Circuit · 1967
- Env. Imp. Div. v. Bloomfield Irr. Dist.New Mexico Court of Appeals · 1989
2 more not listed; retrieve them via the Exa API.