WEISER v. SHWARTZ

Civ. A. No. 67-705.

286 F.Supp. 389 (1968)

Calvin H. WEISER, Plaintiff, v. S. James SHWARTZ, III and Kohlmeyer & Company, Defendants.

United States District Court E. D. Louisiana, New Orleans Division.

June 24, 1968.


Attorney(s) appearing for the Case

M. Hepburn Many, New Orleans, La., for plaintiff.

Charles Kohlmeyer, Jr., New Orleans, La., for defendants.


RUBIN, District Judge:

Bernard Baruch's famous prediction about stock market behavior is the only one that has proved infallible. That "it will fluctuate" in good times and in bad is indeed what makes it a market. But a serious economic loss in a boom market is bound to make even the most philosophical investor profoundly unhappy. Having suffered such a catastrophe, Calvin H. Weiser here sued Kohlmeyer & Company, a stock broker and a member firm of various security...

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