UNITED STATES v. LIGHT

No. 318, Docket 31232.

394 F.2d 908 (1968)

UNITED STATES of America, Appellee, v. Michael LIGHT, Michael F. Dermer, Arthur Kapplow, Hugh Strump and Charters & Co. of Miami, Inc., Appellants.

United States Court of Appeals Second Circuit.

Decided May 16, 1968.


Attorney(s) appearing for the Case

Stephen L. Hammerman, Stephen F. Williams, James D. Zirin, Pierre N. Leval, Asst. U. S. Attys., Robert M. Morgenthau, U. S. Atty., for appellee.

Richard Harbus, New York City, for appellants.

Before LUMBARD, Chief Judge, FRIENDLY, Circuit Judge, and CLARIE, District Judge.


CLARIE, District Judge:

The appellants were convicted, by a jury, of having conspired, in violation of 18 U.S.C. § 371, to violate specified sections of the Securities Act of 1933, 15 U.S.C. §§ 77q(a) and 77x and the mail and wire fraud statutes, 18 U.S.C. §§ 1341 and 1343. Sentences were imposed ranging from a fine of $10,000 to three years imprisonment and a committed fine of $2,500.

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