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AYRES v. MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.

Civ. A. No. 71-2986.

353 F.Supp. 1084 (1973)

Percy D. AYRES v. MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.

United States District Court, E. D. Pennsylvania.

January 19, 1973.

Attorney(s) appearing for the Case

David L. Grove, Montgomery, McCracken, Walker & Rhoads, Philadelphia, Pa., for plaintiff.

C. Clark Hodgson, Jr., Stradley, Ronan, Stevens & Young, Philadelphia, Pa., for defendant.

HIGGINBOTHAM, District Judge.

OPINION

The defendant, Merrill Lynch, Pierce, Fenner & Smith, Inc., (hereinafter referred to as "Merrill Lynch") moves to stay all proceedings in this action pending arbitration of the questions presented by the plaintiff, in accordance with the constitution and rules of the New York Stock Exchange (hereinafter referred to as "NYSE"). The underlying question raised by the defendant's motion is whether a non-member registered...

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