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PIPER, JAFFRAY & HOPWOOD INCORPORATED v. LADIN

Civ. No. 73-258-1.

399 F.Supp. 292 (1975)

PIPER, JAFFRAY & HOPWOOD INCORPORATED, Plaintiff, v. Jacob H. LADIN et al., Defendants.

United States District Court, S. D. Iowa, C. D.

August 26, 1975.

Attorney(s) appearing for the Case

W. Don Brittin, Jr. (Nyemaster, Goode, McLaughlin, Emery & O'Brien), Des Moines, Iowa, for plaintiff.

Lawrence E. Myers, Lee H. Gaudineer, Jr. (Austin, McDonald, Myers, Peterson & Gaudineer), Des Moines, Iowa, for defendants.

MEMORANDUM OPINION AND ORDER

STUART, District Judge.

Plaintiff, Piper, Jaffray & Hopwood, a stock brokerage corporation having its principal place of business in Minnesota, brought this action against the Mary Schatz and Elaine Ladin Trusts and Jacob H. Ladin, individually as trustee of these two trusts. The plaintiff is seeking to recover a net deficit in the margin accounts established by these two trusts which arose when the trusts failed to meet...

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