POWERS v. FRANCIS I. DuPONT & COMPANY

Civ. A. No. 69-2977.

344 F.Supp. 429 (1972)

Robert A. POWERS and Stasia C. Powers v. FRANCIS I. DuPONT & COMPANY.

United States District Court, E. D. Pennsylvania.

June 12, 1972.


Attorney(s) appearing for the Case

Murray C. Goldman, Philadelphia, Pa., for plaintiffs.

Charles M. Solomon, Philadelphia, Pa., for defendant.


OPINION AND ORDER

MASTERSON, District Judge.

Plaintiffs have brought this action under Section 27 of the Securities Exchange Act of 1934, 15 U.S.C. § 78a et seq., to recover $28,000 which they lost in speculative activity in securities while trading through the defendant, Francis I. Dupont & Co., a member firm of the New York Stock Exchange which acts as a broker to buy and sell securities on behalf of its customers through the facilities of various...

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