SECURITIES AND EXCHANGE COMMISSION v. SIMMONS & CO. INC.


190 F.Supp. 432 (1961)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. H. S. SIMMONS & CO., Inc., Harry Simmons, Defendants.

United States District Court S. D. New York.

January 21, 1961.


Attorney(s) appearing for the Case

Paul Windels, Jr., S. E. C., Regional Admr, Franklin Kavaler, Elmhurst, N. Y., for plaintiff.

Justin W. D'Atri, New York City, for defendants.


WEINFELD, District Judge.

As indicated upon the argument of the motion, the plaintiff is entitled to preliminary injunctive relief since the basic allegations contained in the moving affidavits are not challenged. They establish that the corporate defendant is insolvent, that it has violated the Commission's Net Capital Rule, and that shares of stock having a value of $42,000 were removed from accounts of six customers without their authorization and used by the corporate...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases