MOREY v. EDWARD D. JONES & CO.

No. 4-87-0061.

160 Ill. App.3d 483 (1987)

513 N.E.2d 558

W.T. MOREY, Plaintiff-Appellant, v. EDWARD D. JONES & COMPANY, Defendant-Appellee.

Appellate Court of Illinois — Fourth District.

Opinion filed September 10, 1987.


Attorney(s) appearing for the Case

Marcia H. Morey, of Morey & Shade, Ltd., of Decatur, for appellant.

Michael I. Campbell and Jeff Justice, both of Hull, Campbell & Robinson, of Decatur, for appellee.


Reversed and remanded.

JUSTICE LUND delivered the opinion of the court:

W.T. Morey (plaintiff) and Edward D. Jones and Company (defendant) entered into a contract for the purchase of certain stock. Defendant later cancelled the contract citing an interpretation of article III, section 1, of the National Association of Securities Dealers' (NASD) Rules of Fair Practice. (NASD Rules of Fair Practice, art. III, sec. 1, National Association of Securities Dealers...

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