Legal Opinion

Securities & Exchange Commission v. Hughes Capital Corp.

District Court, D. New Jersey

Decided February 16, 1996No. Civ. 88-5238 (WGB)PublishedCited by 27 opinions

1Opinion of the Court

OPINION

BASSLER, District Judge:

Plaintiff, the Securities and Exchange Commission (“SEC”), moves for summary judgment as to the amount of liability for each defendant. This court’s jurisdiction is pursuant to 28 U.S.C. § 1331, 15 U.S.C. § 78aa and 15 U.S.C. § 77v(a). For the reasons set forth in this opinion, plaintiffs motion is GRANTED as to disgorgement and DENIED as to restitution.

I. BACKGROUND

This action involves violations of the federal securities laws committed in connection with the initial public offering and subsequent sales of Hughes Capital Corporation (“Hughes Capital”)…

2Cases cited24 opinions

Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
Securities and Exchange Commission v. Manor Nursing Centers, Inc.Court of Appeals for the Second Circuit · 1972
In Re Paoli Railroad Yard Pcb LitigationCourt of Appeals for the Third Circuit · 1990

19 more not listed; retrieve them via the Exa API.

3Cited by27 opinions

Securities and Exchange Commission v. First Jersey Securities, Inc. And Robert E. BrennanCourt of Appeals for the First Circuit · 1996
Securities & Exchange Commission v. Kenton Capital, Ltd.District Court, District of Columbia · 1998
Securities and Exchange Commission v. Jt Wallenbrock & Associates Citadel Capital Management Group, Inc., and Larry Toshio Osaki Van Y. IchinotsuboCourt of Appeals for the Ninth Circuit · 2006
SEC v. GenAudio Inc.Court of Appeals for the Tenth Circuit · 2022
Securities & Exchange Commission v. First Pacific BancorpCourt of Appeals for the Ninth Circuit · 1998

22 more not listed; retrieve them via the Exa API.