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SECURITIES AND EXCHANGE COM'N v. KALVEX INC.

No. 74 Civ. 5643.

425 F.Supp. 310 (1975)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. KALVEX INC., et al., Defendants.

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

July 1, 1975.

Attorney(s) appearing for the Case

William D. Moran, Regional Administrator, S.E.C., New York City, for plaintiff; Stuart Perlmutter, Douglas P. Jacobs, New York City, of counsel.

Weisman, Celler, Spett, Modlin & Wertheimer, New York City, for defendants; Gerald Gordon, New York City, of counsel.

MEMORANDUM AND ORDER

OWEN, District Judge

These are cross motions for summary judgment. Plaintiff Securities and Exchange Commission (hereinafter the "Commission") seeks a permanent injunction against certain alleged conduct of defendant Robert L. Ingis (hereinafter "Ingis") pursuant to Rule 56 of the Fed.R.Civ.P. Ingis seeks summary judgment in his favor to the contrary. The motion of the plaintiff is granted and that of the defendant is denied.

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