SECURITIES AND EXCHANGE COMMISSION, Plaintiff,
v.
NATIONAL BANKERS LIFE INSURANCE COMPANY et al., Defendants.
United States District Court, N. D. Texas, Dallas Division.https://leagle.com/images/logo.png
November 18, 1971.
November 18, 1971.
Attorney(s) appearing for the Case
Robert Watson, Steve Watson, John High, James Sims, Lawrence Kiser, for plaintiff—Securities and Exchange Comm.
Morton Susman, Houston, Tex., for Frank Sharp, Sharpstown Realty, Oak Forest Realty, Oak Forest Investment and Master Control.
Henry Strasburger and Fred Newberry, Dallas, Tex., for National Bankers Life and Olympic Life.
Frank Skillern, Dallas, Tex., for Sharpstown State Bank.
Louis Weber, Dallas, Tex., for NBL Plan.
Tim Timmins, Dallas, Tex., for J. Quincy Adams.
James Day and Gerald Waters, Dallas, Tex., for Audy Byram.
Charles Storey and Paul Adams, Jr., Dallas, Tex., for Waggoner Carr.
A. Don Crowder, Dallas, Tex., for James Farha.
Robert Cady, Dallas, Tex., for David Hoover.
Robert Jones, Dallas, Tex., for John Osorio.
Lewis Chandler, Dallas, Tex., for Phillip Proctor.
Gene Gardner, Lawton, Okl., for South Atlantic.
John Spinuzzi, Dallas, Tex., for Tom Thomas.
United States District Court, N. D. Texas, Dallas Division.
AMENDED JUDGMENT
HUGHES, District Judge.
The Securities and Exchange Commission filed this civil action to enjoin 13 corporations and 15 individuals from distributing unregistered securities and engaging in fraudulent and manipulative practices in connection with the sale of securities.1 Before rendering the judgment, nine of the defendants had agreed to permanent injunctions and the SEC had dismissed five defendants without...
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