Legal Opinion
Securities & Exchange Commission v. Penn
District Court, S.D. New York
Decided December 21, 2016No. 14-CV-0581 (VEC)PublishedCited by 23 opinions
1Opinion of the Court
MEMORANDUM OPINION & ORDER
VALERIE CAPRONI, United States District Judge:
The Securities and Exchange Commission (“SEC”) filed this action against Defendant Lawrence E. Penn, III (“Penn”) alleging that Penn misappropriated approximately $9 million from a hedge fund he managed. The SEC alleges violations of Section 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”), 15 U.S.C. § 78j(b), and Rule 10b-5(a) and (c) thereunder, 17 C.F.R. § 240.10b-5; and Sections 204, 206(1), 206(2), and 207 of the Investment Advisers Act of 1940 (the “40 *230Act”), 15 U.S.C. §§ 80b-4, 80b-6(l), 80b-6(2), and…
2Cases cited44 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Scott v. HarrisSupreme Court of the United States · 2007
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Tracy v. FreshwaterCourt of Appeals for the Second Circuit · 2010
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3Cited by23 opinions
- United States Securities & Exchange Commission v. WeyDistrict Court, S.D. New York · 2017
- U.S. Sec. & Exch. Comm'n v. ITT Educ. Servs., Inc.District Court, S.D. Indiana · 2018
- Alexander Milne v. Project Primus, Inc.; Ezzedeen M. Soleiman; and Rami M. ShubbakDistrict Court, S.D. New York · 2026
- Corey S. Ribotsky v. Securities and Exchange CommissionDistrict Court, E.D. New York · 2026
- Greenberg v. State University HospitalDistrict Court, E.D. New York · 2019
18 more not listed; retrieve them via the Exa API.