Legal Opinion

Fed. Sec. L. Rep. P 93,507 Securities and Exchange Commission v. Continental Tobacco Company of South Carolina, Inc.

Court of Appeals for the Fifth Circuit

Decided August 14, 1972No. 71-2955PublishedCited by 60 opinions

1Opinion of the Court

COLEMAN, Circuit Judge.

This is a case in which the District Court held that certain securities of the Continental Tobacco Company of South Carolina were exempt from registration under the Securities Acts of 1933 and 1934 in that they were not publicly offered, Securities and Exchange Commission v. Continental Tobacco Company of South Carolina, 326 F.Supp. 588 (S.D., Fla., 1971). We reverse and remand, with directions to enter judgment for the Commission.

Pursuant to § 20(b) of the Securities Act of 1933, as amended, 15 U.S.C., § 77t (b) , and pursuant to § 21(e) of the Securities Exchange Act…

2Cases cited37 opinions

  1. United States v. United States Gypsum Co.Supreme Court of the United States · 1948
  2. United States v. W. T. Grant Co.Supreme Court of the United States · 1953
  3. Hecht Co. v. BowlesSupreme Court of the United States · 1944
  4. United States v. Aluminum Co. of AmericaCourt of Appeals for the Second Circuit · 1945
  5. Securities & Exchange Commission v. Ralston Purina Co.Supreme Court of the United States · 1953

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3Cited by60 opinions

  1. Fed. Sec. L. Rep. P 97,588 Securities and Exchange Commission v. Stephen MurphyCourt of Appeals for the Ninth Circuit · 1980
  2. Fed. Sec. L. Rep. P 97,301 Securities and Exchange Commission v. Spence & Green Chemical Company and Andrew Spence, Sr.Court of Appeals for the Fifth Circuit · 1980
  3. Securities & Exchange Commission v. CalvoCourt of Appeals for the Eleventh Circuit · 2004
  4. Securities & Exchange Commission v. Merchant Capital, LLCCourt of Appeals for the Eleventh Circuit · 2007
  5. Fed. Sec. L. Rep. P 97,639 Cal Swenson and Carolyn Swenson v. Richard and Ralph EngelstadCourt of Appeals for the Fifth Circuit · 1980

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