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UNITED STATES v. RAND

No. CR 68-433.

308 F.Supp. 1231 (1970)

UNITED STATES of America v. James Henry RAND, III, et al.

United States District Court N. D. Ohio, E. D.

January 9, 1970.

Attorney(s) appearing for the Case

Malcolm Douglas, Robert H. Trenkamp, Cleveland, Ohio, Solomon H. Friend, New York City, for defendants.

MEMORANDUM OPINION AND ORDER

BATTISTI, Chief Judge.

Defendants, James Henry Rand, III (Rand) and Rand Development Corporation (Rand Development), of which Rand is president, have moved to dismiss an indictment charging them with manipulating the market price of Rand Development stock for the purpose of defrauding the Franklin National Bank of New York. It was charged that they employed a scheme, a publicity campaign for a cancer vaccine developed by them...

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