· 3/29/1971
Securities & Exchange Commission v. Harwyn Industries Corp.
Citations
- 326 F. Supp. 943
- 1971 U.S. Dist. LEXIS 13980
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- explaining that spin-off treated as sale requiring registration
- explaining that spin-off treated as sale requiring registration
- explaining that spin-off treated as sale requiring registration
- explaining that spin-off treated as sale requiring registration
- transfer in the form of a dividend was for value even though stockholders paid nothing for the shares
- payment of a stock dividend without registration violated section 5 because the purpose of the stock spin-off was to create a public market for the securities without registration
Source: CourtListener parenthetical corpus (CC0).
Judges: Mansfield
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.