Securities and Exchange Commission v. Dresser Industries, Inc.
United States Court of Appeals for the District of Columbia Circuit
628 F.2d 1368 (1980)
In 1976, Dresser Industries, Inc. (Dresser) (plaintiff) met with the Securities and Exchange Commission (SEC) (defendant) regarding questionable foreign payments made by Dresser, possibly to influence foreign governments. The SEC made several requests for documents regarding these payments, pursuant to its civil discovery process, which Dresser denied. At the same time, the United States Department of Justice (DOJ) was investigating possible criminal charges against Dresser regarding the same transactions. The SEC and Department of Justice worked together in their investigations of Dresser. Dresser subsequently brought suit against the SEC and Department of Justice to enjoin them from further investigation, alleging that the SEC could not use its civil discovery process to aid the DOJ in its criminal investigation. The district court ruled in favor of the SEC. Dresser then appealed to the United States Court of Appeals for the District of Columbia Circuit.
Rule of Law
Holding and Reasoning (Skelly Wright, C.J.)
What to do next…
Unlock this case brief with a free (no-commitment) trial membership of Quimbee.
You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 724,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.Unlock this case briefRead our student testimonials
Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.
Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.Learn about our approachRead more about Quimbee
Here's why 724,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 45,600 briefs, keyed to 983 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.