MURRAY v. DOMINICK CORP. OF CANADA, LTD.

No. 85 Civ. 6121 (RWS).

631 F.Supp. 534 (1986)

Frank MURRAY, Plaintiff, v. DOMINICK CORPORATION OF CANADA, LTD., John S. Jenkins, and John Halsey, Defendants.

United States District Court, S.D. New York.

April 1, 1986.


Attorney(s) appearing for the Case

Brown, Raysman & Millstein, New York City, for plaintiff; Peter Brown, Sylvia Khatcherian, Henry Abelman, of counsel.

Brown, Wood, Ivey, Mitchell & Petty, New York City, for defendant Dominick Corp. of Canada, Ltd. and Jack S. Jenkins; Joseph G. Riemer, III, Paul Windels, III, of counsel.

Griggs, Baldwin & Baldwin, New York City, for defendant John Halsey; Douglas W. Brandrup, Robert J. Woolsey, of counsel.


OPINION

SWEET, District Judge.

In this action, Frank Murray ("Murray") seeks to recover $1,424,000 in compensatory damages and $2,000,000 in punitive damages based on the alleged fraud, breach of fiduciary duties and gross negligence of Dominick Corporation of Canada, Ltd. ("Dominick Canada"), John Jenkins ("Jenkins") and John Halsey ("Halsey") with regard to their handling of his securities accounts. The defendants...

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