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IN RE RASHBA & POKART

No. M18-304.

271 F.Supp. 946 (1967)

Application of RASHBA AND POKART and Marvin Hayutin to quash a Securities and Exchange Commission subpoena duces tecum dated April 5, 1967.

United States District Court S. D. New York.

June 30, 1967.

Attorney(s) appearing for the Case

Shea, Gallop, Climenko & Gould, by Michael Lesch, New York City, for petitioners.

Edward B. Wagner and Arthur F. Matthews, Washington, D. C., for Securities and Exchange Commission.

OPINION

TYLER, District Judge.

On April 5, 1967, a subpoena duces tecum was served by the Securities and Exchange Commission ("SEC") upon the accounting firm of Rashba and Pokart (hereinafter referred to as "Pokart") returnable on April 17, 1967. The subpoena was subsequently adjourned sine die. Petitioners Marvin Hayutin and Pokart have moved for an order quashing the subpoena.1

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