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SECURITIES AND EXCHANGE COM'N v. JAN-DAL OIL & GAS, INC.

No. 3-70.

433 F.2d 304 (1970)

SECURITIES AND EXCHANGE COMMISSION, Appellant, v. JAN-DAL OIL & GAS, INC., and E. Dale Crabtree, Appellees.

United States Court of Appeals, Tenth Circuit.

October 27, 1970.

Attorney(s) appearing for the Case

David Ferber, Sol. (Philip A. Loomis, Jr., Gen. Counsel, Paul Gonson, Asst. Gen. Counsel, and Warren G. Stolusky, Atty., Securities & Exchange Comm., Washington, D. C., on the brief) for appellant.

Paul M. Kimball, Oklahoma City, Okl., for appellees.

Before LEWIS, Chief Judge, and HICKEY and HOLLOWAY, Circuit Judges.

LEWIS*, Chief Judge.

The Securities and Exchange Commission appeals from an order of the United States District Court for the Western District of Oklahoma setting aside a permanent injunction which had been entered against Jan-Dal Oil & Gas, Inc., and E. Dale Crabtree, with their consent, on April 11, 1968.

The Commissioner's complaint, filed on April 10, 1968, alleged that since about...

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