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PEOPLE v. RUOCCO

208 Misc. 877 (1955)

The People of the State of New York, Plaintiff, v. Fred J. Ruocco and Hiram O. Hance, Individually and as Copartners Doing Business under the Name of F. J. Ruocco & Co., Defendants.

Supreme Court, Special Term, Kings County.

July 20, 1955.

Attorney(s) appearing for the Case

Jacob K. Javits, Attorney-General (Philip Kahaner of counsel), for plaintiff.

Joseph P. Marcelle for defendants.

OLLIFFE, J.

This is a motion to vacate a permanent injunction entered pursuant to article 23-A of the General Business Law of the State of New York.

An action was instituted by the service of a summons and complaint praying for a judgment permanently enjoining the defendants from selling securities unless they complied with certain conditions. Thereafter the defendants consented, by stipulation, to the...

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