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S-E-C case
ANDREWS:
LIVE
SF: JUDGE HUGHES
ANDREWS:
LIVE
Federal Judge Sarah T.Huhes issued an order in Dallas today..which defines guidelines . follow in next Monday's hearing of the complex Government suit alleging stock fraud against 25 Texas firms and individuals.
Judge Hughes will allow defendants to call any witness and produce affidavits to support their attempts to get a preliminary injunction sought by the S-E-C..set aside.And..she says all of the S-E-C transcript of testimony plus exhibits..will be acceptable as evidence..and S-E-C lawyers can cross-examine witnesses called by defendants. Earlier this week.. the Judgseentered consent decrees ending proceedings for Dallas Bank a Trust..City Bank and 1rust..and JosephP.Novotny..former executive for both banks.All agreed to permanent In i ons being
filed against them..while declining admission of wrong-doing.
WBAP-TV (Television station : Fort Worth, Tex.).[News Script: Security and Exchange Commissions Case],
script,
February 4, 1971, 6:00 p.m.;
(https://texashistory.unt.edu/ark:/67531/metadc1425924/m1/1/:
accessed July 17, 2024),
University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.;
crediting UNT Libraries Special Collections.