Securities and Exchange Commission v. First City Financial Corporation, Ltd.

U.S. Court of Appeals, First Circuit · Decided 1989-12-01

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Opinion for the Court filed by Circuit Judge SILBERMAN. Concurring statement filed by Circuit Judge GINSBURG, in which Circuit Judge EDWARDS joins. SILBERMAN, Circuit Judge: Section 13(d) of the Securities Exchange Act of 1934, 15 U.S.C. § 78m(d), requires any person who has directly or indirectly obtained the beneficial ownership of more than 5 percent of any registered equity sec…

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