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KOOK v. CRANG

182 F.Supp. 388 (1960)

Milton KOOK, Plaintiff, v. James Harold CRANG, Eric Duffy Scott, Lawrence Lisle Masson, Donald Irving Webb, Dennis Algernon Fitzgerald and Gordon Consaul Dowley, individually and as co-partners doing business under firm name and style of J. H. Crang & Co., Defendants.

United States District Court S. D. New York.

April 5, 1960.

Attorney(s) appearing for the Case

Rosenman, Goldmark, Colin & Kaye, New York City, for plaintiff (Milton Adler, New York City, of counsel).

Brinsmade & Schafrann, New York City, for defendants (Hobart L. Brinsmade, New York City, of counsel).

RYAN, Chief Judge.

This suit seeks recovery of a money judgment for an alleged violation of Section 7(c) of the Securities Exchange Act of 1934, as amended (15 U.S.C.A. § 78g(c)), and Regulation T of the Board of Governors of the Federal Reserve System which was promulgated thereunder. Jurisdiction is predicated on Section 27 of the 1934 Act as amended (15 U.S.C.A. § 78aa). Trial was held on March 7, 1960, at which time depositions, exhibits and stipulated...

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