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SECURITIES & EXCH. COM'N v. GLEN-ARDEN COMMODITIES, INC.

No. 73 C 1264.

368 F.Supp. 1386 (1974)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. GLEN-ARDEN COMMODITIES, INC. formerly known as Milbank Trading Co. of Conn., Inc., et al., Defendants.

United States District Court, E. D. New York.

January 17, 1974.

Attorney(s) appearing for the Case

William D. Moran, Regional Administrator, Securities and Exchange Commn, New York City by William Nortman, Franklin D. Ormsten, Steven J. Shore and John J. O'Connor, New York City, of counsel, for plaintiff.

Brewer & Soeiro by Bradley R. Brewer, New York City, of counsel; Benjamin J. Golub, New York City, for defendants.

COSTANTINO, District Judge.

In this action the plaintiff seeks injunctive relief, both temporary and permanent, against the eight defendants named in its complaint, based upon certain alleged violations by them of the Securities Act of 1933, 15 U.S.C. §§ 77a et seq. and the Securities Exchange Act of 1934, 15 U.S.C. §§ 78a et seq. In its first cause of action the Securities and Exchange Commission (S.E.C.) alleges that the defendants have violated...

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