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PAGE v. MOSELEY, HALLGARTEN, ESTABROOK & WEEDEN

No. 86-1021.

806 F.2d 291 (1986)

Frederick J. PAGE, Jr. and Kristin D. Page, Plaintiffs, Appellees, v. MOSELEY, HALLGARTEN, ESTABROOK & WEEDEN, INC., and Joseph McDonald, Defendants, Appellants.

United States Court of Appeals, First Circuit.

Decided November 26, 1986.

Attorney(s) appearing for the Case

Bruce E. Falby with whom John A.D. Gilmore and Hill & Barlow, Boston, Mass., were on brief for defendants, appellants.

Harry A. Garfield, II with whom Norman Berman and Berman, DeValerio & Pease, Boston, Mass., were on brief for plaintiffs, appellees.

Before CAMPBELL, Chief Judge, COFFIN and TORRUELLA, Circuit Judges.

TORRUELLA, Circuit Judge.

This action was brought below by plaintiffs-appellees, Frederick J. Page, Jr. and Kristin D. Page, against their former stockbroker Joseph McDonald, and his employer, a Cambridge, Massachusetts stockbrokerage firm known as Moseley, Hallgarten, Estabrook & Weedon, Inc. Plaintiffs' basic claim below was for alleged excessive trading or "churning" of their accounts by defendants. Plaintiffs sought to recover damages pursuant to Section 10...

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