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SECURITIES AND EXCHANGE COMMISSION v. KAMEN & COMPANY

241 F.Supp. 430 (1963)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. KAMEN & COMPANY, Abraham Kamen, Laurence H. Ross, Jerome Melvin Grossinger, Anthony Perotta, Frances Ginsberg, Jerome Richard & Co., Inc., Richard Venticinque, Jerome Perlongo, Frederick Cirlin Associates, Inc., Frederick Cirlin, and George Herman, Defendants.

United States District Court S. D. New York.

August 30, 1963.

Attorney(s) appearing for the Case

Llewellyn P. Young, New York City, for Securities and Exchange Commission.

Skadden, Arps, Slate, Meagher & Flom, New York City, for defendants Kamen & Co. and Abraham Kamen.

Irwin L. Germaise, New York City, for defendants Perotta, Ginsberg, Venticinque, Perlongo and Jerome, Richard & Co.

Arthur N. Field, New York City, for defendant George Herman.

Moses L. Kove, New York City, for defendant Laurence Ross.

Miller, Brown & Gildenhorn, Washington, D. C., for defendant Jerome Grossinger.

Andrew E. Kuchinsky, New York City, for defendant Frederick Cirlin and Cirlin Associates.

TYLER, District Judge.

In this civil action for a permanent injunction against alleged violations of Section 17(a) of the Securities Act of 1933 (15 U.S.C. § 77q(a)), Section 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. § 78j(b) and Rule 17, C.F.R. 240.10b-5 thereunder, plaintiff ("SEC") has moved for a preliminary injunction.

Seven of the twelve named defendants have either consented to a...

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