Legal Opinion
Securities & Exchange Commission v. Bremont
District Court, S.D. New York
Decided February 18, 1997No. 96 Civ. 8771 (LAK)PublishedCited by 12 opinions
1Opinion of the Court
MEMORANDUM OPINION
KAPLAN, District Judge.
The SEC here claims that the defendants have engaged in a scheme to induce investors to pay defendants fees to obtain orders from major banks to purchase so-called “prime bank instruments” (“PBIs”) from the investors. The Commission contends that PBIs do not exist, that the purchase orders are not forthcoming, that defendants are well aware of both facts, and that the defendants’ operations simply defraud the investors out of the fees without there being any realistic prospect of the investors realizing on their “in vestments.” It seeks an order…
2Cases cited17 opinions
- Baxter v. PalmigianoSupreme Court of the United States · 1976
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
- Securities and Exchange Commission v. First Jersey Securities, Inc. And Robert E. BrennanCourt of Appeals for the First Circuit · 1996
- Securities and Exchange Commission v. Manor Nursing Centers, Inc.Court of Appeals for the Second Circuit · 1972
- Rolf v. Blyth, Eastman Dillon & Co.Court of Appeals for the Second Circuit · 1978
12 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Securities & Exchange Commission v. Kenton Capital, Ltd.District Court, District of Columbia · 1998
- Nisselson v. Empyrean Investment Fund, L.P. (In Re MarketXT Holdings Corp.)United States Bankruptcy Court, S.D. New York · 2007
- Grabowski v. Bank of BostonDistrict Court, D. Massachusetts · 1997
- Securities & Exchange Commission v. CooperDistrict Court, D. New Jersey · 2015
- Securities & Exchange Commission v. Current Financial ServicesDistrict Court, District of Columbia · 1999
7 more not listed; retrieve them via the Exa API.