Legal Opinion
Securities & Exchange Commission v. Glass Marine Industries, Inc.
District Court, D. Delaware
Decided June 6, 1961No. Civ. A. No. 2276PublishedCited by 2 opinions
1Opinion of the Court
LEAHY, Senior District Judge.
The Securities and Exchange Commission sues Glass Marine Industries, Inc., a Delaware corporation for violating the Securities Acts of 1933 and 1934.1 At trial plaintiff made a blanket offer of 260 documentary exhibits and 27 depositions containing 4700 pages of testimony. The offer did not disclose the specific purpose for which the writings were offered. Further, plaintiff did not articulate against which party defend*881ant (corporate defendant or individual intervenor), or both, or on what grounds the evidence was to be introduced. Absent such specificity, the…
2Cases cited15 opinions
- Pan American Petroleum & Transport Co. v. United StatesSupreme Court of the United States · 1927
- Builders Steel Co. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1950
- Milton v. United StatesCourt of Appeals for the D.C. Circuit · 1940
- Napier v. BossardCourt of Appeals for the Second Circuit · 1939
- United States v. United Shoe MacHinery CorporationDistrict Court, D. Massachusetts · 1950
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3Cited by2 opinions
- Securities & Exchange Commission v. Glass Marine Industries, Inc.District Court, D. Delaware · 1962
- Securities & Exchange Commission v. Glass Marine Industries, Inc.District Court, D. Delaware · 1961