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BLINDER, ROBINSON & CO. v. STATE CORP.

Record Nos. 831429-831433.

313 S.E.2d 652 (1984)

BLINDER, ROBINSON & COMPANY, INC., et al. v. STATE CORPORATION COMMISSION.

Supreme Court of Virginia.

March 9, 1984.

Attorney(s) appearing for the Case

William A. Young, Jr. Richmond (Richard M. Price, Eric M. Page, Wallerstein, Goode & Dobbins, Richmond, on briefs), for appellants.

Joel H. Peck, Richmond (Lewis S. Minter, on brief), for appellee.

Before CARRICO, C.J., and COCHRAN, POFF, COMPTON, STEPHENSON, RUSSELL and THOMAS, JJ.

CARRICO, Chief Justice.

These five appeals of right involve findings made and sanctions imposed by the State Corporation Commission in the nature of judgments by default. The dispositive question is whether the Commission erred in refusing to reopen the matter after the default had been declared.

On October 15, 1982, the Commission ordered Blinder, Robinson & Company, Inc., a Denver-based securities dealer, and four of its employees (collectively, the...

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