Court of Appeals for the Seventh Circuit July 19, 1983, No. 83-1038 (Indiana National Corp. v. Rich)

CUDAHY, Circuit Judge.

This case requires us to decide whether there is an implied private right of action for an issuer corporation to seek injunctive relief under Section 13(d) of the Securities Exchange Act (the “Act”), 15 U.S.C. § 78m(d) (1976).