SHEARSON HAYDEN v. FELDMAN


109 Misc.2d 403 (1980)

Shearson Hayden Stone, Inc., Plaintiff, v. Leslie Feldman, Defendant and Third-Party Plaintiff. Samuel Anziano, Third-Party Defendant.

Civil Court of the City of New York, Trial Term, New York County.

September 19, 1980


Attorney(s) appearing for the Case

J. Kenneth Thompson for plaintiff and third-party defendant. Seymour Friedman for defendant and third-party plaintiff.


JOSE RAMOS-LOPEZ, J.

Plaintiff, a stock brokerage firm, commenced this action against defendant to recover on a debit balance in defendant's account maintained with plaintiff.

On November 1, 1978, defendant placed an order with plaintiff to purchase 10 General Motors January call options at the opening market price. The opening market quote was 3. Plaintiff purchased 10 calls for a total price of $3,109.01. The call options were never sold or...

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