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SECURITIES AND EXCHANGE COM'N v. GRANCO PRODUCTS, INC.

236 F.Supp. 968 (1964)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. GRANCO PRODUCTS, INC., H. P. B. Corp., Henry Fogel, Leonard Gold, Robert Colucci, d/b/a Luccis & Company, Defendants.

United States District Court S. D. New York.

December 2, 1964.

Attorney(s) appearing for the Case

David P. Bicks, New York City, for Securities & Exchange Commission.

Feldshuh & Frank, New York City, for Granco Products, Inc., and others.

CROAKE, District Judge.

This is an application by the Securities and Exchange Commission (hereinafter Commission) for a preliminary injunction in the instant action. The Commission seeks to restrain certain alleged violations of Sections 5 and 17(a) of the Securities Act of 1933 as amended (hereinafter the Act) in the sale of the stock of Granco Products, Inc. (hereinafter Granco), a New York corporation.

The pertinent parts of the Act relied upon by the Commission...

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