Legal Opinion
Securities and Exchange Commission v. John D. Lauer and Clifton Capital Investors L.P.
Court of Appeals for the Seventh Circuit
Decided May 17, 1995No. 94-3210PublishedCited by 41 opinions
1Opinion of the Court
POSNER, Chief Judge.
John D. Lauer and a company controlled by him known as Clifton Capital Investors L.P. (CCI) appeal from the. grant of a preliminary injunction sought by the Securities and Exchange Commission in its suit against Lauer, CCI, and others for federal securities fraud. The appellants argue that there is no security and therefore no jurisdiction under the federal securities laws. The case is surprisingly novel, involving as it does a degree of fraud so complete and barefaced that it ordinarily would be dealt with under the mail or wire fraud statutes or other criminal statutes…
2Cases cited8 opinions
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
- Landreth Timber Co. v. LandrethSupreme Court of the United States · 1985
- United States v. NaftalinSupreme Court of the United States · 1979
- Randall v. LoftsgaardenSupreme Court of the United States · 1986
- Enterprise International, Inc. v. Corporacion Estatal Petrolera EcuatorianaCourt of Appeals for the Fifth Circuit · 1985
3 more not listed; retrieve them via the Exa API.
3Cited by41 opinions
- United States Securities & Exchange Commission v. Infinity Group Co.Court of Appeals for the Third Circuit · 2000
- Securities & Exchange Commission v. Kenton Capital, Ltd.District Court, District of Columbia · 1998
- In The Matter Of The Complaint Of: Rationis Enterprises, Inc. Of PanamaCourt of Appeals for the Second Circuit · 2001
- Securities & Exchange Commission v. Unique Financial Concepts, Inc.Court of Appeals for the Eleventh Circuit · 1999
- Wolin v. Smith Barney Inc.Court of Appeals for the Seventh Circuit · 1996
36 more not listed; retrieve them via the Exa API.