U.S. v. GROSS

Nos. 91-1520, 91-1568.

961 F.2d 1097 (1992)

UNITED STATES of America, Appellee, v. Frederick A. GROSS, Appellant. UNITED STATES of America, Appellee, v. William Michael SEARCY, Appellant.

United States Court of Appeals, Third Circuit.

Decided April 20, 1992.

Rehearing Denied May 19, 1992.


Attorney(s) appearing for the Case

Donald J. Goldberg (argued), Philadelphia, Pa., for Frederick A. Gross.

Carmen C. Nasuti (argued), Nasuti & Miller, Philadelphia, Pa., for William Michael Searcy.

Michael M. Baylson, U.S. Atty., Walter S. Batty, Jr., Asst. U.S. Atty., Chief of Appeals, Joseph T. Labrum, III (argued), Asst. U.S. Atty., Philadelphia, Pa., for appellee.

Before: BECKER and ROTH, Circuit Judges, and McCUNE, District Judge.


BECKER, Circuit Judge.

Defendants Frederick Gross and William Michael Searcy appeal from judgments against them in a criminal case arising from their participation in a scheme to deceive and defraud shareholders of a company in which they were officers. Gross was convicted of one count of conspiring to violate the securities laws, 18 U.S.C. § 371 (1988), and two counts of making false statements to the Securities and Exchange Commission ("SEC"), 15 U.S.C. §...

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