Legal Opinion
Department of Commerce v. DeBeers Diamond Investment, Ltd.
Michigan Court of Appeals
Decided April 2, 1979No. Docket 78-1890PublishedCited by 10 opinions
1Opinion of the CourtR. M. Maher, J.
Defendant DeBeers Diamond Investment, Ltd., appeals from the order of the Ingham County Circuit Court affirming a cease and desist order, issued by plaintiff, ordering defendant to cease sales of diamonds to Michigan residents on grounds that such sales constituted sales of unregistered securities in violation of the Uniform Securities Act, MCL 451.501 et seq.; MSA 19.776(101) et seq.
Defendant is an Arizona corporation which, prior to the issuance of the cease and desist order, was engaged in selling unmounted diamonds to individual purchasers in the state of Michigan. DeBeers contacted…
2Cases cited13 opinions
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
- People v. DempsterMichigan Supreme Court · 1976
8 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Mercer v. Jaffe, Snider, Raitt and Heuer, PCDistrict Court, W.D. Michigan · 1989
- Gaudina v. HabermanWyoming Supreme Court · 1982
- Klein v. Oppenheimer & Co.Supreme Court of Kansas · 2006
- Aaronson v. Lindsay & Hauer International Ltd.Michigan Court of Appeals · 1999
- Rzepka v. MichaelMichigan Court of Appeals · 1988
5 more not listed; retrieve them via the Exa API.