MAUERSBERG v. E.F. HUTTON


116 A.D.2d 417 (1986)

Frederick S. Mauersberg et al., Respondents-Appellants, v. E.F. Hutton & Company, Inc., et al., Appellants-Respondents, et al., Defendant

Appellate Division of the Supreme Court of the State of New York, Third Department.

May 1, 1986


Attorney(s) appearing for the Case

Chernin & Gold (Richard N. Matties of counsel), for E.F. Hutton & Company, Inc., appellant-respondent.

Levene, Gouldin & Thompson (Paul M. Price of counsel), for Dean Witter Reynolds, Inc., appellant-respondent.

Johnson Law Office (Philip C. Johnson of counsel), for respondents-appellants.

KANE, J. P., CASEY, WEISS and LEVINE, JJ., concur.


MIKOLL, J.

Plaintiffs opened an investment account jointly and an individual account in plaintiff Frederick S. Mauersberg's name with defendant E.F. Hutton & Company, Inc. (E.F. Hutton) in March 1974. They executed a customer's agreement which included a clause providing for the arbitration of any disputes between themselves and E.F. Hutton. Eventually plaintiffs transferred their liquid assets to the management...

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