United States v. Dixon

536 F.2d 1388 (1976)

From our private database of 46,100+ case briefs, written and edited by humans—never with AI.

United States v. Dixon

United States Court of Appeals for the Second Circuit
536 F.2d 1388 (1976)

Facts

In 1971, Lloyd Dixon (defendant) was the president of AVM Corporation (AVM). Charges were brought against Dixon by the United States (plaintiff), alleging that he loaned himself over $65,000 from corporate funds without disclosing this fact to shareholders, in violation of proxy disclosure rules and § 32(a) of the Exchange Act. Dixon attempted to argue that he was not aware of the disclosure requirement. At trial, it was discovered that AVM’s accountants would provide Dixon with financial forms, on which he was to detail transactions between officers and employees of AVM and AVM itself. Dixon did not include his loans on this form. The district court ruled in favor of the United States. Dixon then appealed to the Second Circuit Court of Appeals.

Rule of Law

Issue

Holding and Reasoning (Friendly, J.)

What to do next…

  1. 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 744,000 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
  2. 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 744,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 46,100 briefs, keyed to 987 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.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 744,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 46,100 briefs - keyed to 987 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership