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UNDERHILL ASSOC., INC. v. COLEMAN

Civ. A. No. 79-388-A.

504 F.Supp. 1147 (1981)

UNDERHILL ASSOCIATES, INC. et al., Plaintiffs, v. Marshall COLEMAN et al., Defendants.

United States District Court, E. D. Virginia, Alexandria Division.

January 8, 1981.

Attorney(s) appearing for the Case

James R. Kearney, Miller, Miller & Cyron, Arlington, Va., for plaintiffs.

James E. Moore, Asst. Atty. Gen., Richmond, Va., for Coleman.

Joel H. Peck, Asst. Gen. Counsel, State Corp. Comm., Richmond, Va., D. Eugene Webb, Jr., Richmond, Va., for all other defendants.

MEMORANDUM

MERHIGE, District Judge.

This action, instituted by three discount securities brokerage firms against the Virginia State Corporation Commission (SCC) and the Director of the Commission's Securities Division, challenges the constitutionality of certain provisions of the Virginia Securities Act, Va.Code 13.1-501, et seq. Specifically, plaintiffs contend that the Act's requirement that securities dealers register with the SCC in order to do...

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