Legal Opinion
Securities & Exchange Commission v. Bausch & Lomb, Inc.
District Court, S.D. New York
Decided September 16, 1976No. 73 Civ. 2458PublishedCited by 26 opinions
1Opinion of the Court
OPINION
ROBERT J. WARD, District Judge.
Plaintiff Securities and Exchange Commission (“SEC” or “Commission”) seeks to permanently enjoin defendants Bausch & Lomb, Inc. (“BOL”) and Daniel G. Schuman (“Schuman”) from violating § 10(b) of the Securities Exchange Act of 1934 (“the 1934 Act”), (15 U.S.C. § 78j(b)), and Rule 10b-5 promulgated thereunder (17 CFR § 240.-10b-5).
Introduction
The broad anti-fraud provisions, § 10(b) of the 1934 Act and Rule 10b-5, are an essential part of American securities law. Section 10 declares it “unlawful for any person . (b) [t]o use or employ, in connection with…
2Cases cited21 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
16 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- Fed. Sec. L. Rep. P 95,887 Sundstrand Corporation v. Sun Chemical CorporationCourt of Appeals for the Seventh Circuit · 1977
- Fed. Sec. L. Rep. P 96,610 Securities and Exchange Commission v. Gerson Blatt, Barton S. Udell, and John PullmanCourt of Appeals for the Fifth Circuit · 1978
- Arnold B. ELKIND, Plaintiff-Appellee-Cross-Appellant, v. LIGGETT & MYERS, INC., Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 1980
- Fed. Sec. L. Rep. P 96,186 Securities and Exchange Commission v. Bausch & Lomb Incorporated and Daniel G. SchumanCourt of Appeals for the Second Circuit · 1977
- Collins Securities Corporation and Timothy Collins v. Securities and Exchange CommissionCourt of Appeals for the D.C. Circuit · 1977
21 more not listed; retrieve them via the Exa API.