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JurisprudenceG.R. No. 122787 -

G.R. No. 122787 - JUAN CALMA, EDMUNDO MAGLANGUE, SERGIO CAYANAN AND SILVESTRE LIWANAG, VS. COURT OF APPEALS, SECURITIES AND EXCHANGE COMMISSION, LUIS M. TARUC AND NICODEMUS G. NASAL. D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 740
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TL;DR — Ruling

WHEREFORE , the petition is DENIED. The Decision of respondent Court of Appeals dated 26 September 1995 sustaining the Resolution of the Prosecution and Enforcement Department of the Securities and Exchange Commission dated 21 May 1992 as well as the SEC En Banc Orders dated 11 July 1994 and 3 March 1995 is AFFIRMED. Costs against petitioners. SO ORDERED.

Decision

Ruling

WHEREFORE , the petition is DENIED. The Decision of respondent Court of Appeals dated 26 September 1995 sustaining the Resolution of the Prosecution and Enforcement Department of the Securities and Exchange Commission dated 21 May 1992 as well as the SEC En Banc Orders dated 11 July 1994 and 3 March 1995 is AFFIRMED. Costs against petitioners. SO ORDERED.