Legal Opinion
Securities & Exchange Commission v. Investors Security Corp.
District Court, W.D. Pennsylvania
Decided June 17, 1976No. Civ. A. 75-1036, 75-1304PublishedCited by 9 opinions
1Opinion of the Court
OPINION
SNYDER, District Judge.
This Court is presently concerned with twelve of some one hundred and eighty-three brokerage accounts representing about $100,000.00 of $2,000,000.00 of securities taken in by brokers and their agents, on which the securities owners may incur staggering losses through hypothecation of stock for personal ventures in “get rich quick” schemes.
Equibank, N.A. proposes to sell securities valued in excess of $100,000.00 which were pledged as collateral for personal loans, now of a balance in excess of $50,000.00, it extended to William H. Brown, the President of…
2Cases cited16 opinions
- Hamilton Watch Co. v. Benrus Watch Co., IncCourt of Appeals for the Second Circuit · 1953
- Rondeau v. Mosinee Paper Corp.Supreme Court of the United States · 1975
- Delaware River Port Authority v. Transamerican Trailer Transport, Inc.Court of Appeals for the Third Circuit · 1974
- Barrett v. Otis Elevator Co.Supreme Court of Pennsylvania · 1968
- A.L.K. Corporation v. Columbia Pictures Industries, Inc.Court of Appeals for the Third Circuit · 1971
11 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Insurance Co. of North America v. United StatesDistrict Court, E.D. Pennsylvania · 1983
- Fed. Sec. L. Rep. P 96,120 Securities and Exchange Commission v. Investors Security Corp. And William H. Brown. Securities and Exchange Commission v. Investors Security Leasing Corporation, William H. Brown, Dale R. McDonald and William J. Lynam. Appeal of Equibank, N.A., in No. 76-2133. Appeal of Hilliard Kreimer, Receiver for Investors Security Leasing Corporation, in No. 76-2134Court of Appeals for the Third Circuit · 1977
- Garner v. PearsonDistrict Court, M.D. Florida · 1982
- Frankel v. Otiswear, Inc.Appellate Court of Illinois · 1991
- Securities & Exchange Commission v. Investors Security Corp.Court of Appeals for the Third Circuit · 1977
4 more not listed; retrieve them via the Exa API.