1. Home
  2. Browse Decisions
  3. F.Supp.
  4. 837 F.Supp.
  5. 837 F.Supp. 587 (1993)
 

S.E.C. v. DREXEL BURNHAM LAMBERT INC.

No. 88 Civ. 6209 (MP).

837 F.Supp. 587 (1993)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. DREXEL BURNHAM LAMBERT INCORPORATED; Drexel Burnham Lambert Group Incorporated; Michael R. Milken; Lowell J. Milken; Cary J. Maultasch; Pamela R. Monzert; Victor Posner; Steven N. Posner; and Pennsylvania Engineering Corporation, Defendants.

United States District Court, S.D. New York.

As Corrected December 2, 1993.

Attorney(s) appearing for the Case

Barry R. Goldsmith, Leo R. Orenstein, Ellen B. Cohn, Christopher Bruno, S.E.C., Washington, DC, for plaintiff SEC.

Dennis J. Block, Greg A. Danilow, Weil Gotshal & Manges, Martin Rosen, Lawrence A. Blatte, Rosen & Reade, New York City, Stuart Gordon, Metzger, Hollis, Gordon & Mortimer, Washington, DC, for defendants Victor Posner and Steven Posner.

OPINION AND FINDINGS (IN PART)

MILTON POLLACK, Senior District Judge.

This suit involves a subsidiary chapter to be completed in relation to well documented legal history of the scandalous conduct of Drexel Burnham and Michael Milken in the 1980's. This chapter is part of the larger story and deals with the oft-enjoined predatory conduct of Victor Posner, his son Steven Posner and their controlled corporation Pennsylvania Engineering Corp. ("PEC"), until...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases