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SECURITIES & EXCHG. COM'N v. L & S PETROLEUM, INC.

No. CIV-77-0268-D.

444 F.Supp. 38 (1977)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. L & S PETROLEUM, INC., Thomas A. Laumann, Peter R. Maupin, Kenneth G. Hungerford, II, and Courtland Rand Michaels, Defendants.

United States District Court, W. D. Oklahoma.

October 18, 1977.

Attorney(s) appearing for the Case

Richard M. Hewitt, Cecil S. Mathis, Thomas Allen Moon, Fort Worth, Tex., Maurice L. Held, Dallas, Tex., for plaintiff.

Raymond Burger and Gary Duckworth, Oklahoma City, Okl., for defendants L & S Petroleum, Inc. and Thomas A. Laumann.

John C. Buckingham, Oklahoma City, Okl., and Robert S. Travis, Fort Worth, Tex., for defendant Peter R. Maupin.

James W. Berry, Oklahoma City, Okl., for defendants Kenneth G. Hungerford, II and Courtland Rand Michaels.

MEMORANDUM OPINION

DAUGHERTY, Chief Judge.

Plaintiff brought this action seeking to enjoin all of the Defendants from violating the registration provisions of §§ 5(a) and (c) of the Securities Act of 1933 (1933 Act), 15 U.S.C. §§ 77e(a) and 77e(c), and to enjoin Defendants L & S Petroleum, Inc. (L & S) and Thomas A. Laumann (Laumann) from violating the antifraud provisions of § 17(a) of the 1933 Act, 15 U.S.C. § 77q...

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