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VERRECCHIA v. PAINE, WEBBER, JACKSON & CURTIS

Civ. No. 80-1221.

563 F.Supp. 360 (1982)

Franco VERRECCHIA, Plaintiff, v. PAINE, WEBBER, JACKSON & CURTIS, Higinio Leal and Pedro Tirado, Defendants.

United States District Court, D. Puerto Rico.

November 30, 1982.

Attorney(s) appearing for the Case

Walter Muñiz, San Juan, P.R., for plaintiff.

Carlos Bobonis, Bobonis & Besosa, Santurce, P.R., for all defendants.

ORDER

ACOSTA, District Judge.

This is an action for restitution of losses and other damages allegedly caused by defendants' fraudulent misrepresentations and omissions in the management of plaintiff's security account contract. The facts are in essence as follows:

On March 26, 1975 Franco Verrecchia opened a general margin account for the purchase and sale of securities with Blyth, Eastman, Dillon & Co., the predecessor in interest of defendant...

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