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FERRERI v. FIRST OPTIONS OF CHICAGO, INC.

Civ. A. No. 85-2098.

661 F.Supp. 1186 (1987)

Alfred FERRERI v. FIRST OPTIONS OF CHICAGO, INC.

United States District Court, E.D. Pennsylvania.

June 19, 1987.

Attorney(s) appearing for the Case

Stephen J. Springer, LaBrum and Doak, Philadelphia, Pa., for plaintiffs.

Helen P. Pudlin, Philadelphia, Pa., for defendant.

MEMORANDUM AND OPINION

KATZ, District Judge.

This case raises the issue of whether arbitration of a fraud claim by a customer against its stock broker, which fixes the amount of damages, precludes the customers bringing the identical claim in this Court under the Securities Exchange Act of 1934.1 A jury found that the fraud claim was arbitrable, after I held arbitrability required a factual determination. See Ferreri v. First...

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