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SECURITIES & EXCH. COM'N v. CENCO INC.

No. 76 C 3258.

436 F.Supp. 193 (1977)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. CENCO INCORPORATED et al., Defendants.

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

July 28, 1977.

Attorney(s) appearing for the Case

Peter B. Shaeffer, William M. Hegan, Ronald P. Kane, Joan J. Fitzpatrick, Securities and Exchange Comn., Chicago, Ill., for plaintiff.

Ronald Wilder, Roger L. Price, Aaron, Aaron, Shimberg & Hess, Chicago, Ill., for Arthur Auman.

Rothschild, Barry & Myers, Chicago, Ill., for Elliot S. Kahn.

Edward L. Foote, Kurt L. Schultz, Winston & Strawn, Chicago, Ill., for Ralph Clarence Read.

Robert N. Caffarelli, James L. Donnelly, Jr., James W. Collins, Lawrence M. Gavin, Chicago, Ill., for defendants.

William E. Ray, Jr., Chicago, Ill., for Russell C. Rabjohns, Jr.

Fred H. Bartlit, Jr., Kirkland & Ellis, Chicago, Ill., for Cenco Inc.

John J. Enright, Arvey, Hodes, Costello & Burman, Chicago, Ill., for Rose Packaging Corp. and David Marose.

MEMORANDUM OPINION AND ORDER

CROWLEY, District Judge.

The Securities and Exchange Commission (SEC) brought this action against Cenco Incorporated (Cenco), numerous individual defendants who were previously corporate officers or employees of Cenco, and other persons and businesses who were engaged in extensive transactions with Cenco. The SEC alleges violations1 of the securities laws...

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