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SHEARSON HAYDEN STONE, INC. v. LEACH

No. 77-2072.

583 F.2d 367 (1978)

SHEARSON HAYDEN STONE, INC., and Hayden Stone, Inc., Plaintiffs-Appellees, v. William H. LEACH, Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided August 31, 1978.

Attorney(s) appearing for the Case

Irving I. Saul, Dayton, Ohio, for defendant-appellant.

Roger J. Makley, Dayton, Ohio, for plaintiffs-appellees.

Before SWYGERT, CUMMINGS and PELL, Circuit Judges.

PELL, Circuit Judge.

The defendant, William Leach, appeals from a judgment entered upon a jury verdict for the plaintiff, Shearson Hayden Stone, Inc. (SHS) in the amount of $473,563.32 plus interest. The basis of this action was Leach's breach of a customer agreement entered into with SHS, as broker, for the purpose of commodity futures trading. This agreement provided that all transactions under it "shall be subject to the constitution, rules, regulations, customs...

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