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SECURITIES & EXCHANGE COM'N v. STANWOOD OIL CORP.

Civ. A. No. 80-206 Erie.

516 F.Supp. 1181 (1981)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. STANWOOD OIL CORPORATION, n/k/a Penn Star Oil Corporation, Inc., John G. Starr, Defendants.

United States District Court, W. D. Pennsylvania.

June 22, 1981.

Attorney(s) appearing for the Case

John L. Hunter and Steven B. Boehm, Securities and Exchange Commission, Arlington, Va., for plaintiff.

Anthony Chambers, Bradford, Pa., for defendants.

OPINION

WEBER, Chief Judge.

On December 8, 1980, the Securities and Exchange Commission filed a complaint for injunctive relief against defendants alleging violation of antifraud and registration provisions of the federal securities laws. On December 22, 1980, the court ordered preliminary injunctions following a hearing. Later, on February 20, 1981, the court entered final judgment as to counts 2 and 3 of the complaint, permanently enjoining defendants...

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