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SILVERMAN v. BEAR, STEARNS & CO.

Civ. A. No. 70-2808.

331 F.Supp. 1334 (1971)

Sylvan SILVERMAN, Nominee, v. BEAR, STEARNS & CO. and Michael E. Tennenbaum.

United States District Court, E. D. Pennsylvania.

May 6, 1971.

Attorney(s) appearing for the Case

Neil G. Epstein, Cohen, Spector, Goodman & Epstein, Philadelphia, Pa., for plaintiff.

David H. Pittinsky, Bruce W. Kauffman, Carl H. Hanzelik, Dilworth, Paxson, Kalish, Levy & Coleman, Philadelphia, Pa., for defendants; Winthrop, Stimson, Putnam & Roberts, New York City, of counsel.

OPINION AND ORDER

HAROLD K. WOOD, District Judge.

Presently before the Court is defendants' motion to dismiss plaintiff's complaint under Federal Rule 12(b), to stay proceedings under 9 U.S.C. § 3, or, in the alternative, for a change of venue under 28 U.S.C. § 1404(a).

Plaintiff is a partnership established for the purpose of investing capital in the securities market. Defendant, Bear, Stearns & Co., is a broker-dealer in securities...

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