People v. Linick

OPINION OF THE COURT

Milton L. Williams, J.

Defendant and several corporations with which he was closely involved were the subjects of an investigation conducted by the New York State Attorney-General pursuant to powers granted them by the Martin Act (General Business Law, art 23-A). The Martin Act is the New York State legislation which proscribes fraudulent practices with respect to securities; it gives the State Attorney-General powers of subpoena, to invoke criminal and civil sanctions and to grant immunity in investigatory proceedings pursuant to the act, among others.

During the course of…