BUTTERMAN v. WALSTON & CO.

No. 16082.

387 F.2d 822 (1967)

Walter BUTTERMAN and Emmy Butterman, Plaintiffs-Appellants, v. WALSTON & CO., Inc., a New York corporation, W. D. Fleming, Alfred J. Rauschman, Blanche Blahut, James F. Sullivan, the New York Stock Exchange, and G. Keith Funston, Defendants-Appellees.

United States Court of Appeals Seventh Circuit.

Rehearing Denied January 25, 1968.


Attorney(s) appearing for the Case

Thomas F. Londrigan, Robert S. O'Shea, Springfield, Ill., for appellants.

Edward J. Reilly, Edwin H. Conger, John S. Eskilson, Stuart S. Ball, David H. Ward, Chicago, Ill., for defendants-appellees. William E. Jackson, Andrew J. Connick, Milbank, Tweed, Hadley & McCloy, New York City, Sidley & Austin, Chicago, Ill., of counsel.

Before KILEY, SWYGERT and FAIRCHILD, Circuit Judges.


Rehearing Denied January 25, 1968, en banc.

KILEY, Circuit Judge.

This suit is to recover damages from defendants for money losses from stock and commodity transactions allegedly caused by violations of the Security and Exchange Act and constitution and rules of the New York Stock Exchange. The district court, without a jury, entered judgment for plaintiffs as to defendant Walston & Co., Inc. (Walston) in the amount of $313.16 which Walston concededly...

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