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SECURITIES AND EXCHANGE COMMISSION v. BENNETT

62 F.Supp. 609 (1945)

SECURITIES AND EXCHANGE COMMISSION v. BENNETT et al.

District Court, S. D. New York.

August 20, 1945.

Attorney(s) appearing for the Case

Louis Loss, of Philadelphia, Pa., Irving J. Galpeer and Gerald J. O'Brien, both of New York City, and Arden L. Andresen, of Philadelphia, Pa., for Securities and Exchange Commission.

William Biel, of New York City, for defendants.

BONDY, District Judge.

This is a motion for a preliminary injunction in an action brought by the Securities and Exchange Commission under the Securities Exchange Act, §§ 21(e) and 27, 15 U.S.C.A. §§ 78u(e), 78aa, to enjoin the defendants from violating Sec. 9(a) (2) of that act, 15 U.S.C.A. § 78i(a) (2). It provides that it shall be unlawful to effect alone or with one or more other persons a series of transactions in any security registered...

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