| The Madras High Court today convicted a former cattleman accused of fatally stabbing his brother with a knife and sentenced him to death. The court held that the deceased had no motive to implicate the first two accused in the case. According to the court's order, on April 26, 1971, Viswanatham Pillai was sleeping on a bench outside his cattle shed when he saw Karunakaran running after him with a knife 8 inches long. The court also found that the present accused had been chased by two other men who were also chasing him. The court further found that while the present accused was chasing the two men, one of them ran ahead of him and chased him. The court further found that the present accused had "no motive to implicate the first accused" and "none of them asked him as to how it had happened." The court granted the court's request for a temporary restraining order against the present accused and ordered the arrest of the second accused. The court entered a final judgment against the present accused on May 24, 1974. The court granted the court's request for a temporary restraining order against the present accused and ordered the arrest of the second accused. The court will consider the merits of this action before issuing a final judgment on May 25, 1974. The court has also issued an order suspending the detention of the present accused pending trial. The court will determine the amount of disgorgement, prejudgment interest, and civil money penalties to be determined by the court upon motion of the court. The SEC appreciates the assistance of the U.S. Attorney's Office for the District of Madras and the Federal Bureau of Investigation. The SEC's Office of Investor Education |