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SECURITIES & EXCH. COM'N v. ABERDEEN SECURITIES CO., INC.

Civ. A. No. 4224.

381 F.Supp. 614 (1974)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, Securities Investor Protection Corporation, Applicant, v. ABERDEEN SECURITIES CO., INC., et al., Defendants.

United States District Court, D. Delaware.

August 29, 1974.

Attorney(s) appearing for the Case

Jerome E. Bogutz, Philadelphia, Pa., applicant for fee and expenses reimbursement.

John Biggs, III, Wilmington, Del., for trustee.

Wilfred R. Caron, Washington, D. C., Associate Gen. Counsel, for Securities Investor Protection Corp.

OPINION

EDWIN D. STEEL, Jr., Senior District Judge.

Before the Court is an application by an attorney, Bogutz, for counsel fees and expenses incurred in connection with the liquidation of the debtor, Aberdeen Securities, Inc., under the Securities Investor Protection Act of 1970, 15 U.S.C. § 78aaa et seq. Bogutz represented Raizes in the proceeding and filed a claim on their behalf against Aberdeen for $500. This was on the theory that Raizes had paid...

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