Legal Opinion

Securities and Exchange Commission v. Midland Basic, Inc.

District Court, D. South Dakota

Decided April 9, 1968No. Civ. 64-27SPublishedCited by 2 opinions

1Opinion of the Court

MEMORANDUM DECISION

NICHOL, Chief Judge.

This is an action commenced by the Securities and Exchange Commission (hereinafter SEC) against the above named defendants for injunctive relief and the appointment of a receiver for the defendant Midland Basic, Inc. (hereinafter Midland Basic) due to alleged violations of the Investment Company Act of 1940, the Securities Act of 1933, and the Securities Exchange Act of 1934 (and rules and regulations promulgated pursuant to the latter).

The following facts were adduced at a trial to this court. Midland Security, Inc. (hereinafter Midland Security) was…

2Cases cited5 opinions

  1. Securities & Exchange Commission v. Ralston Purina Co.Supreme Court of the United States · 1953
  2. Securities and Exchange Commission v. The Keller Corporation, Mid-Continent Securities Corp., Earl Bullock, F. Ray BessCourt of Appeals for the Seventh Circuit · 1963
  3. Creswell-Keith, Inc. v. WillinghamCourt of Appeals for the Eighth Circuit · 1959
  4. Securities & Exchange Commission v. Franklin Atlas Corp.District Court, S.D. New York · 1959
  5. Securities & Exchange Commission v. CohnDistrict Court, D. New Jersey · 1963

3Cited by2 opinions

  1. In Re Caesars Palace Securities LitigationDistrict Court, S.D. New York · 1973
  2. Boeckman v. A.G. Edwards, Inc.District Court, S.D. Illinois · 2006

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