SECURITIES AND EXCHANGE COM'N v. UNIVEST, INC.

No. 75 C 1488.

405 F.Supp. 1057 (1976)

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

United States District Court, N. D. Illinois, E. D.

Ruling on Motion January 14, 1976.


Attorney(s) appearing for the Case

Barry D. Goldman, Jeffrey I. Bernstein, Chicago, Ill., for plaintiff.

Joel J. Bellows, Charles B. Bernstein, Chicago, Ill., for defendants.


AUSTIN, District Judge.

JUDGMENT ORDER

The Defendants, Univest, Inc., John Chalupa and Theodore Wynn have moved to dismiss the complaint filed against them pursuant to Rule 12 of the Federal Rules of Civil Procedure. For the following reasons, that motion will be granted.

FACTS

The Securities and Exchange Commission (S.E.C.) filed suit against these Defendants, who engaged in the sale of options to buy and sell commodity futures contracts...

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