Securities and Exchange Commission v. Thomas F. Quinn
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Circuit Judge.
France imprisoned Thomas F. Quinn in 1988 for an international securities fraud. Other nations are waiting for their turn to heap penalties on the scoundrel. Switzerland is next in line. The Securities and Exchange Commission filed this suit seeking an immediate freeze of Quinn’s assets in the United States and eventual restitution to the victims of his scheme. See SEC v. Kimmes, 753 F.Supp. 695 (N.D.Ill.1990).
The district judge issued a preliminary injunction in 1989 blocking Quinn from spending or transferring any assets without the court’s permission. On several…
2Cases cited15 opinions
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
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- Caplin & Drysdale, Chartered v. United StatesSupreme Court of the United States · 1989
- Walters v. National Assn. of Radiation SurvivorsSupreme Court of the United States · 1985
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