United States v. Virgil D. Dardi, Robert B. Gravis, Charles Rosenthal and Charles Berman

MOORE, Circuit Judge.

Four defendaixts, Virgil D. Dardi, Robert B. Gravis, Charles Rosenthal and Charles Bex*man, appeal from judgments of conviction that followed a jury verdict in which they were found guilty of unlawfully participating in the distribution of unregistered shares of United Dye and Chemical Corporation stock. Appellant Dardi was President and a Director of United Dye, a company long traded on the New York Stock Exchange. Appellants Berman, Gravis and Rosenthal were broker-dealers who dealt in the sale of stock in the over-the-counter max'ket. The Indictment

The indictment,…