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PIERSON v. DEAN, WITTER, REYNOLDS, INC.

No. 82-1045.

551 F.Supp. 497 (1982)

Wayne E. PIERSON and Ruth E. Pierson, Plaintiffs, v. DEAN, WITTER, REYNOLDS, INC., Defendant.

United States District Court, C.D. Illinois, Peoria Division.

November 23, 1982.

Attorney(s) appearing for the Case

Ronald E. Halliday, Greg N. Grimsley, Peoria, Ill., for plaintiffs.

Timothy Bertschy, Peoria, Ill., for defendant.

ORDER

MIHM, District Judge.

Plaintiffs (the PIERSONS) filed this eight count complaint alleging statutory violations of the Securities and Exchange Act of 1934 ("ACT"), together with various common law counts. Subject matter jurisdiction is based on section 27 of the Act, 15 U.S.C. § 78aa. The common law counts are before this Court under the doctrine of pendent jurisdiction.

The facts in this case are still sketchy. On May 20, 1977, the Piersons...

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