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S.E.C. v. INTERLINK DATA NETWORK OF LOS ANGELES

No. 94-56173.

77 F.3d 1201 (1996)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff-Appellant, v. INTERLINK DATA NETWORK OF LOS ANGELES, INC.; Interlink Fiber Optic Partners L.P.; Interlink Video Phone Partners L.P.; Michael Gartner, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided March 11, 1996.

Attorney(s) appearing for the Case

Paul Gonson, Solicitor, Washington, D.C., Christopher Paik, Senior Counsel, Securities and Exchange Commission, Washington, D.C., for plaintiff-appellant.

Robert K. Wrede and Sue Ellen Smyle, Lewis, D'Amato, Brisbois & Bisgaard, Los Angeles, California, for defendants-appellees.

Before: POOLE, WIGGINS, and RYMER, Circuit Judges.

WIGGINS, Circuit Judge:

The Securities and Exchange Commission ("SEC") brought this civil enforcement action against several defendants, including Interlink Data Network of Los Angeles, alleging securities fraud involving the sale of unregistered securities. In the early stages of the litigation, the SEC obtained a temporary restraining order and preliminary injunction that, inter alia, froze the defendants' assets. Ultimately, the SEC obtained a judgment against...

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