Legal Opinion
Securities & Exchange Commission v. Drexel Burnham Lambert Inc.
District Court, S.D. New York
Decided December 2, 1993No. 88 Civ. 6209 (MP)PublishedCited by 47 opinions
1Opinion of the Court
OPINION AND FINDINGS (IN PART)
MILTON POLLACK, Senior District Judge.
This suit involves a subsidiary chapter to be completed in relation to well documented legal history of the scandalous conduct of Drexel Burnham and Michael Milken in the 1980’s. This chapter is part of the larger story and deals with the oft-enjoined predatory conduct of Victor Posner, his son Steven Posner and their controlled corporation Pennsylvania Engineering Corp. (“PEC”), until the latter’s bankruptcy in 1992.
This suit was commenced in 1988 following the revelations of Ivan Boesky in 1986 and 1987, which landed him in…
2Cases cited60 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Bigelow v. RKO Radio Pictures, Inc.Supreme Court of the United States · 1946
- Aaron v. Securities & Exchange CommissionSupreme Court of the United States · 1980
- Carlos A. Gutierrez-Rodriguez v. Desiderio Cartagena and Domingo Alvarez, Carlos A. Gutierrez-Rodriguez v. Pedro N. Soto and Edwin F. GotayCourt of Appeals for the First Circuit · 1989
- Securities and Exchange Commission v. Manor Nursing Centers, Inc.Court of Appeals for the Second Circuit · 1972
55 more not listed; retrieve them via the Exa API.
3Cited by47 opinions
- Securities and Exchange Commission v. First Jersey Securities, Inc. And Robert E. BrennanCourt of Appeals for the First Circuit · 1996
- Securities & Exchange Commission v. MoranDistrict Court, S.D. New York · 1996
- Securities and Exchange Commission v. Victor Posner and Steven N. Posner, and Drexel Burnham Lambert, Inc.Court of Appeals for the Second Circuit · 1994
- United States v. Incorporated Village of Island ParkDistrict Court, E.D. New York · 1995
- Securities & Exchange Commission v. First Pacific BancorpCourt of Appeals for the Ninth Circuit · 1998
42 more not listed; retrieve them via the Exa API.