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SECURITIES AND EXCHANGE COM'N v. LENFEST

No. 95-CV-7597.

949 F.Supp. 341 (1996)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. Harold Fitzgerald LENFEST and Marguerite Lenfest, Defendants.

United States District Court, E.D. Pennsylvania.

December 23, 1996.

Attorney(s) appearing for the Case

Linda Chatman Thomsen, Sara D. Lipscomb, Securities & Exchange Comm., Washington, DC, Michael J. Newman, Securities & Exchange Comm., Philadelphia, PA, for Plaintiff.

Alexander Kerr, Hoyle, Morris & Kerr, Philadelphia, PA, Richard J. Morvillo, Luther Zeigler, Jeffrey F. Robertson, Crowell & Moring L.L.P., Washington, DC, New York City, for Defendants.

MEMORANDUM AND ORDER

JOYNER, District Judge.

The Securities and Exchange Commission ("SEC") has brought this federal question action against Defendants H.F. and Marguerite Lenfest for alleged violations of Section 10(b) of the Securities and Exchange Act of 1934, (the "1934 Act"), as codified at 15 U.S.C. § 78j (West 1992), and Rule 10b-5 promulgated thereunder. Defendant Marguerite Lenfest has filed this summary judgment motion pursuant to Fed...

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