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KING v. DREXEL BURNHAM LAMBERT, INC.

No. 85-1717.

796 F.2d 59 (1986)

Rebecca KING, Plaintiff-Appellee, v. DREXEL BURNHAM LAMBERT, INC., et al., Defendants-Appellants.

United States Court of Appeals, Fifth Circuit.

May 28, 1986.

Attorney(s) appearing for the Case

Edward S. Koppman, Patricia A. Nolan, Debra Griffin, Akin, Gump, Strauss, Hauer & Feld, Dallas, Tex., for defendants-appellants.

Cheryl Milkes Jerome, Richard M. Hunt, Glast, Ungerman, Vickers, Miller & Allen, Dallas, Tex., for plaintiff-appellee.

Before GEE and HIGGINBOTHAM, Circuit Judges, and HARVEY, District Judge.

GEE, Circuit Judge:

Rebecca King established a brokerage account with Drexel Burnham Lambert, Inc. ("DBL") in 1982. When she did so, she agreed that any controversy arising out of the DBL's handling of her account would be settled by arbitration. King later became dissatisfied with DBL's performance and filed suit in the district court alleging violations of both federal and state law in the handling of her account. In response DBL filed an answer and a motion to...

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