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ARRIETA v. PAINE, WEBBER, JACKSON & CURTIS, INC.

Docket No. 47529.

59 Cal.App.3d 322 (1976)

130 Cal. Rptr. 534

LOUIS JOHN ARRIETA, Plaintiff and Appellant, v. PAINE, WEBBER, JACKSON & CURTIS, INCORPORATED et al., Defendants and Respondents.

Court of Appeals of California, Second District, Division Two.

June 21, 1976.

Attorney(s) appearing for the Case

COUNSEL

Sherman S. Weber for Plaintiff and Appellant.

Stephens, Jones, LaFever & Smith, Eugene W. Bell, John F. Busetti and Michael J. Abbott for Defendants and Respondents.

OPINION

FLEMING, J.

During 1973 and 1974 appellant Louis John Arrieta lost substantial sums of money (assertedly, $35,000) by extensive and continuous speculation on margin in silver futures. He sued his stockbrokers, respondents Paine, Webber, Jackson & Curtis, Inc., and their account executives Sterling Clark and William C. Robbins, Jr., for negligence, fraud, breach of fiduciary duty, conversion, breach of contract, money had...

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