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John v. Holmes v. William Lucius Cary
355 F.2d 150
5th Cir.
1966
Check Treatment
PER CURIAM:

This case, arising out of a much litigated dispute between Plaintiffs and the SEC, 1 represents an attempt to require the SEC to file, make public, and treat in a regular fashion a paper which purports to be a registration statement. In view of the fact that this paper clearly fails to meet the requirements of the Securities Act of 1933 and the SEC’s rules and regulations, we agree fully with the District Court that it does not represent a bona fide attempt to qualify to sell securities to the investing public and hence is not a registration statement at all. Summary judgment for the Defendants was correct.

Affirmed.

Notes

1

. Holmes v. United States, 5 Cir., 1965, 353 F.2d 785 [Dec. 13, 1965] ; Holmes v. Eddy, 4 Cir., 1965, 341 F.2d 477; SEC v. Bond & Share Corp., W.D.Okl., 1963, 229 F.Supp. 88 (appeal pending to 10th Circuit).

Case Details

Case Name: John v. Holmes v. William Lucius Cary
Court Name: Court of Appeals for the Fifth Circuit
Date Published: Jan 19, 1966
Citation: 355 F.2d 150
Docket Number: 22098_1
Court Abbreviation: 5th Cir.
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