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ACLI INTERN. COMMODITY SERVICES v. LINDWALL

No. C8-83-1783.

347 N.W.2d 522 (1984)

ACLI INTERNATIONAL COMMODITY SERVICES, INC., Respondent, v. Gregory B. LINDWALL, Appellant.

Court of Appeals of Minnesota.

May 1, 1984.

Attorney(s) appearing for the Case

Gregory B. Lindwall, pro se.

Jerold O. Nelson, Minneapolis, for respondent.

Considered and decided by POPOVICH, C.J., and PARKER and WOZNIAK, JJ., with oral argument waived.

OPINION

PARKER, Judge.

Respondent, a commodities futures broker, sued appellant for the deficit in his trading account. Appellant, an attorney, counterclaimed for fees and commissions paid and for recovery of his trading losses on the ground that futures trading, as practiced by respondent, constitutes gambling. Appellant further claimed he was fraudulently induced to enter into commodities futures trading...

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