R. J. Koeppe & Co. v. Securities & Exchange Commission

EVANS, Circuit Judge.

The sole controversy between the parties is one of fact. Did the defendants violate sections of the Securities Exchange Act of 1933 and 1934? The sections involved are set forth in the margin. 1

Inasmuch as there is no question but that the findings and the conclusions of the District Judge support the decree, the precise question is over the evidentiary support of the said findings and conclusions.

Our study of the evidence leaves us with no doubt as to the facts. They are too clear for justifiable disputation.

The plaintiff complains of the defendants’ action in the sale…