Gardner v. Surnamer
District Court, E.D. Pennsylvania
1Opinion of the Court
MEMORANDUM AND ORDER
HUYETT, District Judge.
Presently before me are defendants’ motions for summary judgment on Count II of plaintiffs’ complaint which alleged a violation of the Securities Exchange Act of 1934 (“Act”), 15 U.S.C. § 78j(b), and the regulations promulgated thereunder, including Rules 10b-5 and 10b-6. 20 C.F.R. §§ 240.-10b-5 & 240.10b-6.
Background
On September 10, 1981 plaintiffs and defendants Rothrock and Surnamer 1 entered into an agreement under which plaintiffs purchased a fifty-one percent stock interest in Jordan Industries, Inc. (“Jordan”), and a fifty percent interest in…
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- Brennan v. Midwestern United Life Insurance CompanyDistrict Court, N.D. Indiana · 1966
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