SECURITIES & EXCH. COM'N v. GULF INTERCONTINENTAL F. CORP.

Civ. No. 63-40.

223 F.Supp. 987 (1963)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. GULF INTERCONTINENTAL FINANCE CORPORATION, Limited, Harold Gradsky, Leon Herman Gradsky, Saul M. Liberman et al., Defendants.

United States District Court S. D. Florida.

March 12, 1963.


Attorney(s) appearing for the Case

Edward C. Jaegerman, Trial Counsel, SEC, Washington, D. C., John T. Callahan, Sp. Counsel, SEC, Jule B. Greene, Atty., SEC, Miami, Fla., for plaintiff.

E. David Rosen, Monroe Gelb, E. Coleman Madsen, Miami, Fla., for defendants.


CHOATE, District Judge.

Statement of Case

Bill of Complaint was filed herein January 25, 1963 by the SEC against the various corporate and individual defendants pursuant to Section 17(a) of the Securities Act of 1933, as amended (15 U.S.C. § 77q(a)), and Section 10(b) of the Securities Exchange Act of 1934, as amended, and Rule 10b-5 promulgated thereunder, (15 U.S.C. § 78j(b) and 17 C.F.R. 240.10b-5).

Plaintiff sought injunction of the...

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