Legal Opinion
Securities & Exchange Commission v. Texas Gulf Sulphur Co.
District Court, S.D. New York
Decided February 6, 1970No. 65 Civ. 1182PublishedCited by 50 opinions
1Opinion of the Court
OPINION
BONSAL, District Judge.
I. Introduction
This action was instituted by the Securities and Exchange Commission (SEC) pursuant to Section 21(e) and 27 of the Securities Exchange Act of 1934, 15 U.S.C. §§ 78u(e) and 78aa (the 1934 Act), against Texas Gulf Sulphur Company (TGS) and several of its officers, directors, and employees. The SEC alleged violations of Section 10(b) of the 1934 Act, 15 U.S.C. § 78j(b), and Rule 10b-5, 17 C.F.R. 240.10b-5, promulgated pursuant thereto. The complaint alleged that from November 12, 1963 through April 16, 1964 certain of the defendants had purchased TGS…
2Cases cited17 opinions
- Textile Workers v. Lincoln Mills of Ala.Supreme Court of the United States · 1957
- United States v. W. T. Grant Co.Supreme Court of the United States · 1953
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- J. I. Case Co. v. BorakSupreme Court of the United States · 1964
- Hecht Co. v. BowlesSupreme Court of the United States · 1944
12 more not listed; retrieve them via the Exa API.
3Cited by50 opinions
- Securities and Exchange Commission v. Manor Nursing Centers, Inc.Court of Appeals for the Second Circuit · 1972
- Ruth Panter v. Marshall Field & Co., Richard Weiss v. Marshall Field & Co.Court of Appeals for the Seventh Circuit · 1981
- Fed. Sec. L. Rep. P 94,473 Maurice Shapiro v. Merrill Lynch, Pierce, Fenner & Smith, Inc.Court of Appeals for the Second Circuit · 1974
- Arnold B. ELKIND, Plaintiff-Appellee-Cross-Appellant, v. LIGGETT & MYERS, INC., Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 1980
- Commonwealth v. DeCotisMassachusetts Supreme Judicial Court · 1974
45 more not listed; retrieve them via the Exa API.