Justice Jackson wrote the opinion of the court for this case, reversing a decision by a lower appeals court. The Supreme Court supported an injunction against C.M. Joiner Leasing Corp. for violations of the Securities Act of 1933, reasoning that the lower courts were wrong in saying that the Securities Act did not apply to the leases in question in this case.
Justice Jackson wrote the opinion of the court for this case, reversing a decision by a lower appeals court. The Supreme Court supported an injunction against C.M. Joiner Leasing Corp. for violations of the Securities Act of 1933, reasoning that the lower courts were wrong in saying that the Securities Act did not apply to the leases in question in this case.