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PROGRESSIVE SECURITIES, INC. v. YOUNG

Civ. A. No. 2286.

267 F.Supp. 20 (1967)

PROGRESSIVE SECURITIES, INC., a corporation, Hubert D. Dawson and Ruth Josephine Dawson, Plaintiffs, v. Floyd YOUNG, William R. Schief, George Haine, Fred Florschutz, Alexander J. Brown, Jr., Craig Stanger, Paul F. Leonard, Roger K. Zuker, and United States Securities and Exchange Commission, Defendants.

United States District Court S. D. West Virginia, Huntington Division.

April 18, 1967.

Attorney(s) appearing for the Case

Norman E. Rood, Huntington, W. Va., for plaintiffs.

Walter P. North, Associate Gen. Counsel, S.E.C., Paul J. Kemp, Theodore S. Kaplan, Washington, D. C., for defendants.

CHRISTIE, District Judge:

This action was instituted in an attempt to enjoin the manner in which the United States Securities and Exchange Commission is conducting an investigation into what plaintiffs contend is their purely intrastate securities business at Huntington, West Virginia, and to recover monetary damages against certain of the Commission's investigators for libel and slander.

Defendants have moved to dismiss the complaint for a variety...

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