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S.E.C. v. CLARK

No. C87-711Z.

699 F.Supp. 839 (1988)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. John Naylor CLARK, III, and Russell G. Van Moppes, Defendants.

United States District Court, W.D. Washington, Seattle Division.

September 8, 1988.

Attorney(s) appearing for the Case

James A. Kidney, John H. Sturc, Jerry A. Isenberg, Rudolph Gerlich, Jr., Wayne A. Wirtz, S.E.C., Washington, D.C., for plaintiff.

Steven D. Brown, Monroe Stokes Eitelbach & Lawrence, P.S., Seattle, Wash., David J. Hase, Nancy J. Sennett, Foley & Lardner, Milwaukee, Wis., for defendant John Naylor Clark, III.

Thomas A. Sterkin, Martin T. Collier, Betts Patterson & Mines, P.S., Seattle, Wash., W. Michael Drake, Drake & Rogosheske, Minneapolis, Minn., for defendant Russell G. Van Moppes.

ORDER DENYING SUMMARY JUDGMENT

ZILLY, District Judge.

THE COURT has considered the SEC's motion for summary judgment against one of the defendants, Clark, together with the materials submitted by counsel. The motion is denied.1

I. BACKGROUND

Smith & Nephew Associated Companies plc (SN) is a multi-national corporation, located in the United Kingdom, that manufactures and sells medical, health care, and various...

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