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GREITZER v. UNITED STATES NATIONAL BANK

Civ. No. 70-420.

326 F.Supp. 762 (1971)

Sam GREITZER and Tillie Greitzer, husband and wife, Plaintiffs, v. UNITED STATES NATIONAL BANK, a corporation, and Francis I. du Pont & Co., a corporation, Defendants.

United States District Court, S. D. California.

April 19, 1971.

Attorney(s) appearing for the Case

Schwartz & Alschuler, Marshall B. Grossman, Los Angeles, Cal., for plaintiffs.

Calfas & Calfas, Santa Monica, Cal., and Jaffe & Orliss, Theodore Orliss, Los Angeles, Cal., for Francis I. du Pont & Co.

Epport & Delevie, Victor M. Epport, Los Angeles, Cal., for U. S. National Bank.

MEMORANDUM OPINION AND ORDER

WALLACE, District Judge.

THE COMPLAINT

This is a case arising out of a securities transaction. In the complaint the plaintiffs alleged five different causes of action. The first cause of action pertains to violations of the margin requirements promulgated under the Securities Exchange Act of 1934. The second cause of action deals with the anti-fraud provisions of section 10(b) of the 1934 Act. The third cause of action...

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