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SEC. & EXCHANGE COM'N v. AMERICAN REALTY TRUST

Civ. A. No. CA 76-104A.

429 F.Supp. 1148 (1977)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. AMERICAN REALTY TRUST, Defendant.

United States District Court, E. D. Virginia, Alexandria Division.

February 24, 1977.

Attorney(s) appearing for the Case

Catherine Gallagher, Vernon J. Vander Weide, Michael A. Starr, S.E.C., Arlington, Va., for plaintiff.

Louis Koutoulakos, Arlington, Va., Philip N. Smith, Washington, D. C., for defendant.

OPINION AND ORDER

KELLAM, Chief Judge.

This action for injunctive and ancillary relief is brought by the Securities and Exchange Commission (SEC) pursuant to § 20(b) of the Securities Act, 15 U.S.C. § 77t(b) and § 21(d) and (e) of the Exchange Act, as amended, 15 U.S.C. § 78u (d) and (e), against American Realty Trust (ART) and Thomas Broyhill (Broyhill). Jurisdiction is alleged under § 22(a) of the Securities Act, as amended, 15...

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