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S. E. C. v. RESEARCH AUTOMATION CORP.

No. 68, Docket 78-6006.

585 F.2d 31 (1978)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff-Appellee, v. RESEARCH AUTOMATION CORPORATION, Konstantinos M. Tserpes, Basil Martos, and Athan Hamos, Defendants, Konstantinos M. Tserpes and Basil Martos, Defendants-Appellants.

United States Court of Appeals, Second Circuit.

Decided October 16, 1978.

Attorney(s) appearing for the Case

Frederick B. Wade, Sp. Counsel, Securities and Exchange Commission, Washington, D. C. (David Ferber, Sol. to the Commission, Frederic Townsend, Atty., Securities and Exchange Commission, Washington, D. C., of counsel), for plaintiff-appellee.

Konstantinos M. Tserpes, Basil Martos, defendants-appellants pro se.

Before KAUFMAN, Chief Judge, and MANSFIELD and MESKILL, Circuit Judges.

IRVING R. KAUFMAN, Chief Judge:

In this era of mounting congestion at every level of the federal courts, procedural devices capable of terminating litigation quickly efficiently, and fairly acquire increased significance. One of the most important of these mechanisms is the motion for summary judgment pursuant to Rule 56 of the Federal Rules of Civil Procedure. Today we take the opportunity to restate the law covering such motions, in the context of an action...

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