Legal Opinion
Securities v. Drexel Burnham Lambert, Inc.
District Court, S.D. New York
Decided February 25, 1997No. 88 Civ. 6209 (MP)PublishedCited by 16 opinions
1Opinion of the Court
OPINION
MILTON POLLACK, Senior District Judge:
Plaintiff Securities and Exchange Commission has moved this Court for an order directing the Court Registry Investment System (“CRIS”) to pay to the general fund of the United States Treasury all monies held by CRIS that were paid as disgorgement herein (the “Fund”) by defendants Victor Posner and Steven Posner, plus all accrued interest thereon. The approximate amount of the Fund is $4,382,772.26.
The motion requests that the Fund be paid to the Treasury as the most appropriate and equitable disposition of the Fund under the facts and circumstances…
2Cases cited11 opinions
- Tull v. United StatesSupreme Court of the United States · 1987
- Securities and Exchange Commission v. First Jersey Securities, Inc. And Robert E. BrennanCourt of Appeals for the First Circuit · 1996
- Securities and Exchange Commission v. Manor Nursing Centers, Inc.Court of Appeals for the Second Circuit · 1972
- Securities and Exchange Commission v. First City Financial Corporation, Ltd.Court of Appeals for the First Circuit · 1989
- Fed. Sec. L. Rep. P 96,351 Securities and Exchange Commission v. Commonwealth Chemical Securities, Inc.Court of Appeals for the Second Circuit · 1978
6 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Securities & Exchange Commission v. First Pacific BancorpCourt of Appeals for the Ninth Circuit · 1998
- Securities & Exchange Commission v. Bear, Stearns & Co.District Court, S.D. New York · 2009
- DEPT. OF SECURITIES EX REL. FAUGHT v. BlairSupreme Court of Oklahoma · 2010
- Securities & Exchange Commission v. HealthSouth Corp.District Court, N.D. Alabama · 2003
- United States Securities & Exchange Commission v. Church Extension of the Church of God, Inc.District Court, S.D. Indiana · 2005
11 more not listed; retrieve them via the Exa API.