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SECURITIES AND EXCHANGE COMMISSION v. FIRST GUARDIAN SECURITIES CORP.

95 F.Supp. 580 (1950)

SECURITIES AND EXCHANGE COMMISSION v. FIRST GUARDIAN SECURITIES CORP. et al.

United States District Court S. D. New York.

November 22, 1950.

Attorney(s) appearing for the Case

Roger S. Foster, General Counsel, Washington, D. C., William D. Moran, New York City, and Robert B. Healey, Washington, D. C., for plaintiff.

Sidney B. Josephson, New York City, (I. Saul Fleischman, New York City, of counsel), for defendants.

RYAN, District Judge.

Plaintiff moves under Rule 56, Fed.Rules Civ.Proc., 28 U.S.C.A., after answer, for summary judgment in this action brought under Section 22(a) of the Securities Act of 1933, 15 U.S.C.A. § 77v(a), for injunctive relief to restrain defendants from further and continued violations of Section 5(a) (1) and (2) of the Securities Act of 1933, 15 U.S.C.A. § 77e(a) (1) and (2).

Defendants are now so restrained by a temporary restraining...

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