Legal Opinion
Sec. & Exch. Comm'n v. Longfin Corp.
District Court, S.D. Illinois
Decided May 1, 2018No. 18cv2977 (DLC)PublishedCited by 8 opinions
1Opinion of the Court
DENISE COTE, United States District Judge *748The Securities and Exchange Commission ("SEC") has shown that it is likely to succeed on the merits of its claims that defendants Andy Altahawi, Suresh Tammineedi, and Dorababu Penumarthi sold unregistered securities in violation of Section 5 of the Securities Act of 1933 ("Securities Act") between December 15, 2017 and March 28, 2018. The SEC has shown that it is likely to prove at trial that these defendants participated in an unregistered, illegal public offering of the stock of Longfin Corp. ("Longfin"). Accordingly, the SEC's motion for a…
2Cases cited16 opinions
- Heckler v. Community Health Services of Crawford County, Inc.Supreme Court of the United States · 1984
- Mills v. Polar Molecular Corp.Court of Appeals for the Second Circuit · 1993
- Securities and Exchange Commission v. First Jersey Securities, Inc. And Robert E. BrennanCourt of Appeals for the First Circuit · 1996
- Talk America, Inc. v. Michigan Bell Telephone Co.Supreme Court of the United States · 2011
- United States v. James E. Corr, Iii, and Roger DrayerCourt of Appeals for the Second Circuit · 1976
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3Cited by8 opinions
- Ash v. Maglan Capital Holdings LLCDistrict Court, S.D. New York · 2021
- Chechele v. Standard General Master Fund L.P.District Court, S.D. New York · 2021
- In Re Longfin Corp. Securities Class Action LitigationDistrict Court, S.D. New York · 2019
- In Re Longfin Corp. Securities Class Action LitigationDistrict Court, S.D. New York · 2019
- In re Almost Family, Inc. Securities LitigationDistrict Court, W.D. Kentucky · 2020
3 more not listed; retrieve them via the Exa API.