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SEC. & EX. COM'N v. G. WEEKS SECURITIES, INC.

No. 79-2711.

483 F.Supp. 1239 (1980)

SECURITIES & EXCHANGE COMMISSION, Plaintiff, v. G. WEEKS SECURITIES, INC.; G. Weeks & Co., Inc.; Robert Bruce, C. M. Hodge, John Kilpatrick, Patrick Michael, Robert Quarles, Carlos Smith, Randy Vallen, William Shelton and A. V. McDowell, Defendants.

United States District Court, W. D. Tennessee, W. D.

January 30, 1980.

Attorney(s) appearing for the Case

Joseph L. Grant, James E. Long, Steven J. Gard, Securities and Exchange Commission, Atlanta, Ga., for plaintiff.

Robert L. Kassel, Anthony V. Labozzetta, New York City, for defendants.

A. V. McDowell, McDowell, Sayle & Sayle, Memphis, Tenn., Bruce S. Kramer, Rosenfield, Borod & Kremer, Memphis, Tenn., for Investors' Committee.

Shepherd D. Tate and John D. Martin, Jr., Martin, Tate, Morrow & Marston, Memphis, Tenn., for Blue Cross-Blue Shield of Fla.

Marion S. Boyd and Charles W. Burson, Wildman, Harrold, Allen, Dixon & McDonnell, Memphis, Tenn., for Union Federal Sav. & Loan Ass'n.

Davis S. Kennedy, Memphis, Tenn., for G. Weeks Securities, Inc. — bankrupt.

WELLFORD, District Judge.

ORDER

In this action by the SEC to enjoin defendants from engaging in various, alleged securities laws violations, several motions are presently pending before the Court. Defendants have filed a motion to dismiss the action based on an asserted absence of SEC jurisdiction over the transactions in dispute and have filed a motion to compel the joinder of the Commodity Futures Trading Commission, which, according to defendants, has...

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