Legal Opinion
Securities & Exchange Commission v. Opulentica, LLC
District Court, S.D. New York
Decided March 20, 2007No. 03 Civ. 10165(RJH)PublishedCited by 40 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
HOLWELL, District Judge.
The Securities and Exchange Commission (“SEC” or “Commission”) brought this action charging Opulentica, LLC (“Opulentica”), Zarrar Sheikh, and Nasser A. Dawoud (collectively, “defendants”) with engaging in a fraudulent scheme to offer unregistered securities, to divert the proceeds of the offering to the personal use of the defendants, and to make material false representations in the course of selling the securities, in violation of sections 5(a), 5(c), and 17(a) of the Securities Act of 1933 (“Securities Act”), 15 U.S.C. §§ 77e(a), 77e(c),…
2Cases cited26 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
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Securities and Exchange Commission v. First Jersey Securities, Inc. And Robert E. BrennanCourt of Appeals for the First Circuit · 1996
- Securities & Exchange Commission v. Ralston Purina Co.Supreme Court of the United States · 1953
21 more not listed; retrieve them via the Exa API.
3Cited by40 opinions
- U.S. Securities & Exchange Commission v. Universal Express, Inc.District Court, S.D. New York · 2009
- Securities & Exchange Commission v. Tecumseh Holdings Corp.District Court, S.D. New York · 2011
- Securities & Exchange Commission v. HuffDistrict Court, S.D. Florida · 2010
- Securities & Exchange Commission v. WylyDistrict Court, S.D. New York · 2014
- Securities & Exchange Commission v. ConstantinDistrict Court, S.D. New York · 2013
35 more not listed; retrieve them via the Exa API.