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S.E.C. v. UNIFUND SAL

Nos. 1308, 1318, 1319, 1430, Dockets 90-6093, 90-6057, 90-6091, 90-6103.

917 F.2d 98 (1990)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff-Appellee, v. UNIFUND SAL and Tamanaco Saudi & Gulf Investment Group, Defendants-Appellants, Fondation Hai, Holding Protection, Ltd., Robert Rossi, and Certain Purchasers of the Common Stock and Options to Purchase the Common Stock of Rorer Group, Inc., Defendants.

United States Court of Appeals, Second Circuit.

October 23, 1990.

Attorney(s) appearing for the Case

Phillippe M. Salomon, New York City (Willkie Farr & Gallagher, New York City, on the brief), for defendant-appellant Unifund SAL.

Pamela W. Weiss, Miami, Fla. (Samuel I. Burstyn, Miami, Fla., on the brief), for defendant-appellant Tamanaco Saudi & Gulf Inv. Group.

Thomas L. Riesenberg, Asst. Gen. Counsel, S.E.C., Washington, D.C. (Paul Gonson, Sol., Daniel L. Goelzer, Gen. Counsel, Phillip D. Parker, Assoc. Gen. Counsel, Joseph A. Franco, Susan Nash, Rada L. Potts, S.E.C., Washington, D.C., on the brief), for plaintiff-appellee.

Before VAN GRAAFEILAND, NEWMAN and KEARSE, Circuit Judges.

PER CURIAM:

The Securities and Exchange Commission petitions for rehearing of our decision of August 3, 1990, vacating in part and modifying in part a preliminary injunction issued by the District Court in this suit alleging insider trading. Securities and Exchange Commission v. Unifund SAL, 910 F.2d 1028 (2d Cir.1990). That decision, among other things, modified a freeze order imposed by the District Court, limiting the right...

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