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SECURITIES & EXCH. COM'N v. FIRST AMERICAN BANK & T. CO.

Nos. 72-1306, 72-1313 (cross appeals).

481 F.2d 673 (1973)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff-Appellant, v. FIRST AMERICAN BANK AND TRUST COMPANY et al., Defendants-Appellees.

United States Court of Appeals, Eighth Circuit.

Decided June 25, 1973.

Attorney(s) appearing for the Case

Thomas Boyle and Walter P. North, Attys., S. E. C., Washington, D. C., for S. E. C.

Frederick E. Saefke, Jr., Bismarck, N. D., for First American Bank & Trust Co.

Before MATTHES, Chief Judge, MEHAFFY, Circuit Judge, and VAN PELT, Senior District Judge.

VAN PELT, Senior District Judge.

This case involves cross appeals from the judgment and order of the United States District Court for the District of North Dakota denying in all but one respect the request of plaintiff SEC for injunctive relief restraining defendants from violating the anti-fraud provisions of § 17(a) of the Securities Act of 1933.1 The defendants included First American Bank & Trust Company [First American],...

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