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S.E.C. v. BENNETT

Civ. A. No. 95-3005.

904 F.Supp. 435 (1995)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. John G. BENNETT, Jr., and The Foundation for New Era Philanthropy, Defendants.

United States District Court, E.D. Pennsylvania.

November 16, 1995.

Attorney(s) appearing for the Case

David S. Horowitz, S.E.C., Philadelphia, PA, Richard H. Walker, Jacqueline Abramson Zucker, Ellen N. Hersch, Petra T. Tasheff and Alexander M. Vasilescu, S.E.C., New York City, for Plaintiff.

Gregory Miller, Miller, Alfano & Raspanti, PC, Daniel Jonas, Odell Guyton and Gino J. Benedetti, Philadelphia, PA, for Defendants.

MEMORANDUM AND ORDER

ANITA B. BRODY, District Judge.

Defendant, John G. Bennett, Jr. has filed a motion to dismiss pursuant to Federal Rules of Civil Procedure 12(b)(6) and 12(b)(1) or, in the alternative, for a more definite statement.1 In support of his request for dismissal, Bennett contends that plaintiff, the Securities and Exchange Commission ("SEC"), cannot sustain its allegations that defendants violated the Securities...

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