District Court, S.D. New York June 24, 1968, 68 Civ. 1762 (Securities & Exchange Commission v. Talley Industries, Inc.)

WYATT, District Judge.

This is the decision after trial to the Court without a jury.

There was a motion for plaintiff Securities and Exchange Commission (SEC) for a preliminary injunction restraining in certain respects defendants Talley Industries, Inc. (Talley), American Investors Fund, Inc. (Fund) and Chestnutt Corporation.