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U.S. S.E.C. v. NATIONAL PRESTO INDUSTRIES, INC.

No. 02 C 5027.

397 F.Supp.2d 943 (2005)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. NATIONAL PRESTO INDUSTRIES, INC., Defendant.

United States District Court, N.D. Illinois, Eastern Division.

October 31, 2005.

Attorney(s) appearing for the Case

Kathryn A. Pyszka, Jarett B. Decker, Richard J. Gorman, Susan Marie Weis, Securities & Exchange Commission, Chicago, IL, for Plaintiff.

James G. Hunter, Jr., Robert Walter Tarun, Deborah L. Steiner, Erin S. Shaw, Kenneth G. Schuler, Nancy Scheurwater Hunter, Latham & Watkins LLP, Chicago, IL, for Defendant.

OPINION AND ORDER

NORGLE, District Judge.

Plaintiff United States Securities and Exchange Commission ("SEC," or the "Commission") and Defendant National Presto Industries, Inc. ("Presto") have filed cross Motions for Summary Judgment. For the following reasons, the SEC's Motion is granted, and Presto's Motion is denied.

I. INTRODUCTION1

A. Facts

Presto is a publicly traded company...

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