United States DC Circuit

Unlawful stock manipulation is possible where dealer held shares in inventory to boost a company's share price, even if all trading in the shares involved bona fide investors.

Appellate Information

• Argued 11/06/2001
• Decided 12/21/2001
• Published 12/21/2001

Judges

• Before:  RANDOLPH and GARLAND, Circuit Judges, and WILLIAMS, Senior Circuit Judge.

Court

• United States DC Circuit

Counsel

• For Appellant:
  
• William VanDercreek argued the cause and filed the briefs for petitioners.


• For Appellees:
  
• Susan S. McDonald, Senior Litigation Counsel, Securities & Exchange Commission, argued the cause for respondent.   With her on the brief were David M. Becker, General Counsel, Meyer Eisenberg, Deputy General Counsel, Jacob H. Stillman, Solicitor, and Susan K. Straus, Attorney.