Legal Opinion
Securities & Exchange Commission v. Hedén
District Court, S.D. New York
Decided May 28, 1999No. 99 CIV. 1418(SAS)PublishedCited by 2 opinions
1Opinion of the Court
AMENDED OPINION AND ORDER
SCHEINDLIN, District Judge.
Plaintiff Securities and Exchange Commission (“SEC”) seeks a preliminary injunction freezing the profits and principal investment of a securities trade that allegedly violated §§ 10(b) and 14(e) of the Exchange Act, 15 U.S.C. §§ 78j(b), 78n(e). The SEC contends that an asset freeze is required to ensure that sufficient funds remain in the United States to satisfy any final judgments the Court might enter in this case ordering disgorgement of profits or civil penalties. The SEC’s Second Amended Complaint alleges that five Swedish citizens,…
2Cases cited4 opinions
- Jackson Dairy, Inc. v. H. P. Hood & Sons, Inc.Court of Appeals for the Second Circuit · 1979
- United States v. First National City BankSupreme Court of the United States · 1965
- United States v. Robert ChestmanCourt of Appeals for the Second Circuit · 1991
- Suffolk Parents of Handicapped Adults v. WingateCourt of Appeals for the Second Circuit · 1996
3Cited by2 opinions
- SEC v. HedenDistrict Court, S.D. New York · 1999
- Securities & Exchange Commission v. I-Cubed Domains, LLCCourt of Appeals for the Second Circuit · 2016