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GOODWIN v. ELKINS & CO.

No. 83-1295.

730 F.2d 99 (1984)

J. Donald GOODWIN, Appellant, v. ELKINS & CO., Robert G. Hayden, Richard Sichenzio, and Gabriel F. Nagy, Appellees.

United States Court of Appeals, Third Circuit.

Decided March 14, 1984.

Attorney(s) appearing for the Case

David M. Doret (argued), Wolf, Block, Shorr & Solis-Cohen, Philadelphia, Pa., for appellees.

H. Donald Busch (argued), Lewis A. Grafman, Karen A. von Dreusche, Busch & Schramm, Bala Cynwyd, Pa., for appellant.

Before SEITZ, Chief Judge and GARTH, and BECKER, Circuit Judges.

OPINION ANNOUNCING THE JUDGMENT OF THE COURT

GARTH, Circuit Judge.

In this case, we are asked to give further definition to what constitutes a security within the meaning of federal securities law. Goodwin asserts that his partnership contract in a brokerage firm is a security interest, enabling him to invoke the provisions of the Securities Exchange Act in seeking vindication of his claims. The district court, 558 F.Supp. 1375

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