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FONTAINE v. SECURITIES AND EXCHANGE COMMISSION

Civ. No. 525-65.

259 F.Supp. 880 (1966)

Charles E. FONTAINE and I.O.S., Ltd. (S.A.) d/b/a Investors Overseas Services, Plaintiffs, v. SECURITIES AND EXCHANGE COMMISSION, Manuel F. Cohen, Byron D. Woodside, Francis M. Wheat, Hugh F. Owens, Hamer H. Budge, as Chairman and members respectively, Defendants.

United States District Court D. Puerto Rico, San Juan Division.

October 3, 1966.

Attorney(s) appearing for the Case

Fiddler, Gonzalez & Rodriguez, San Juan, P. R., for plaintiffs.

Meyer Eisenberg, Washington, D. C., Candita M. Orlandi, Asst U. S. Atty., San Juan, P. R., for defendants.

ORDER

CANCIO, District Judge.

Investors Overseas Services ("IOS"), a Panamanian corporation with principal offices in Geneva, Switzerland, and its Puerto Rico branch manager, Charles E. Fontaine ("Fontaine"), have brought an action in this Court seeking to enjoin the Securities and Exchange Commission ("SEC") from conducting an administrative proceeding against IOS and certain of its principals and other associated persons for alleged violations of the Securities...

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