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INGBAR v. DREXEL BURNHAM LAMBERT INC.

No. 82-1279.

683 F.2d 603 (1982)

Sidney H. INGBAR, M.D., Plaintiff, Appellee, v. DREXEL BURNHAM LAMBERT INCORPORATED, et al., Defendants, Appellants.

United States Court of Appeals, First Circuit.

Decided July 28, 1982.

Attorney(s) appearing for the Case

Jack R. Pirozzolo, with whom Richard E. Bennett, and Willcox, Pirozzolo & McCarthy, Boston, Mass., were on brief, for defendants, appellants.

Howard M. Miller, with whom Mark S. Furman, and Singer, Stoneman, Kunian & Kurland, P. C., Boston, Mass., were on brief, for plaintiff, appellee.

Before COFFIN, Chief Judge, ROSENN, Senior Circuit Judge, and BREYER, Circuit Judge.

BREYER, Circuit Judge.

Dr. Sidney Ingbar, the plaintiff/appellee, is a professor at Harvard Medical School. In 1979, he opened an account with the defendant/appellant, a commodities brokerage firm called Drexel Burnham Lambert Incorporated ("Drexel"). When he opened the account, he signed Drexel's two-page form account contract. That form contained a provision stating that Ingbar and Drexel would submit "any controversy" to arbitration (before either the American...

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