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COLLINS v. PBW STOCK EXCHANGE, INC.

Civ. A. No. 75-2930.

408 F.Supp. 1344 (1976)

Donald M. COLLINS, Trustee of Albert & Maguire Securities Co., Inc., Debtor, v. PBW STOCK EXCHANGE, INC., et al.

United States District Court, E. D. Pennsylvania.

February 18, 1976.

Attorney(s) appearing for the Case

Donald M. Collins, Philadelphia, Pa., for plaintiff.

Judith R. Cohn, Franklin Poul, Philadelphia, Pa., for defendants.

MEMORANDUM

GORBEY, District Judge.

Defendants have moved, pursuant to Federal Rule of Civil Procedure 12(b)(6), to dismiss the complaint on the ground that plaintiff, Trustee of the Estate of the debtor, lacks standing to bring this action.

This case is a civil action brought under § 6 of the Securities and Exchange Act of 1934, 15 U.S.C. § 78f and § 9(c) of the Securities Investor Protection Act of 1970, 15 U.S.C. § 78iii(c)...

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