SECURITIES AND EXCHANGE COMMISSION v. THOMASSON, ETC.

No. 2926.

145 F.2d 408 (1944)

SECURITIES AND EXCHANGE COMMISSION v. THOMASSON PANHANDLE CO. et al.

Circuit Court of Appeals, Tenth Circuit.

November 3, 1944.


Attorney(s) appearing for the Case

Milton V. Freeman, Asst. Sol., of Philadelphia, Pa., and A. Marvin Lungren, Atty., Securities and Exchange Commission, of Denver, Colo. (Roger S. Foster, Sol., of Philadelphia, Pa., William P. Bruton, Atty., of New York City, and John L. Geraghty, Regional Adm'r, Securities and Exchange Commission, of Denver, Colo., on the brief), for appellant.

Foster Cline and F. J. Knauss, both of Denver, Colo., for appellees.

Before PHILLIPS, BRATTON, and MURRAH, Circuit Judges.


PHILLIPS, Circuit Judge.

On July 13, 1943, the Securities and Exchange Commission1 brought this action under § 20(b) of the Securities Act of 1933, 15 U.S.C.A. § 77t(b), to enjoin the Panhandle Company and Thomasson2 from engaging in acts and practices constituting violations of § 17(a) (2) and (3) of the Securities Act of 1933, 15 U.S.C.A. § 77q(a) (2, 3). In its complaint, the Commission...

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