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SECURITIES & EX. COM'N v. CAPITAL GROWTH CO., S.A. (C. R.)

No. 74 Civ. 3779.

391 F.Supp. 593 (1974)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. CAPITAL GROWTH COMPANY, S.A. (COSTA RICA), et al., Defendants.

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

December 31, 1974.

Attorney(s) appearing for the Case

Richard L. Jaeger, Chief Counsel, Division of Enforcement, Washington, D. C., for SEC.

Irving Rader, New York City, for defendant EHG Enterprises.

MEMORANDUM

STEWART, District Judge:

This action was brought on by order to show cause on September 3, 1974 by the Securities and Exchange Commission ("SEC") for injunctive relief and for the appointment of a receiver. The complaint alleges violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. Specifically, the complaint alleges that from September 1968 up to the present all of the defendants at various...

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