SECURITIES & EXCHANGE COM'N v. DRESSER INDUS.

Nos. 78-1702, 78-1705.

628 F.2d 1368 (1980)

SECURITIES AND EXCHANGE COMMISSION, v. DRESSER INDUSTRIES, INC., Appellant, United States, Intervenor. SECURITIES AND EXCHANGE COMMISSION, v. DRESSER INDUSTRIES, INC., Edward R. Luter, Appellant, United States, Intervenor.

United States Court of Appeals, District of Columbia Circuit.

Decided July 16, 1980.

Certiorari Denied November 17, 1980.


Attorney(s) appearing for the Case

David R. MacDonald, Chicago, Ill., with whom Francis D. Morrissey, Chicago, Ill., and Edward E. Dyson, Washington, D. C., were on brief, for appellant Dresser Industries, Inc.

Raymond G. Larroca, Herbert J. Miller, Jr., and Thomas B. Carr, Washington, D. C., were on supplemental memorandum for appellant Edward R. Luter.

Paul Gonson, Principal Associate Gen. Counsel, Securities and Exchange Commission, Washington, D. C., with whom Ralph C. Ferrara, Gen. Counsel, Michael K. Wolensky, Associate Gen. Counsel, and James H. Schropp and John P. Sweeney, Asst. Gen. Counsel, Securities and Exchange Commission, Washington, D. C., were on brief, for appellee.

Irvin B. Nathan, Deputy Asst. Atty. Gen., Washington, D. C., with whom Phillip B. Heymann, Asst. Atty. Gen., Washington, D. C., and Stephen G. Milliken, Atty., Dept. of Justice, Providence, R. I., were on brief, for intervenor.

Before WRIGHT, Chief Judge, and McGOWAN, TAMM, ROBINSON, MacKINNON, ROBB, WILKEY, WALD, MIKVA, and EDWARDS, Circuit Judges.


Argued en banc April 15, 1980.

Certiorari Denied November 17, 1980. See 101 S.Ct. 529.

Opinion for the court filed by Chief Judge WRIGHT.

J. SKELLY WRIGHT, Chief Judge:

Dresser Industries, Inc. (Dresser) appeals from a decision of the District Court1 requiring obedience to a subpoena duces tecum issued by the Securities and Exchange Commission (SEC) on April 21, 1978, and denying Dresser's motion to quash...

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