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ROBINSON v. KIDDER, PEABODY AND CO., INC.

Civ. No. 87-CV-70302-DT.

674 F.Supp. 243 (1987)

Linda Jane ROBINSON, Plaintiff, v. KIDDER, PEABODY AND COMPANY, INCORPORATED, and Terry Cross, Defendants.

United States District Court, E.D. Michigan, S.D.

July 2, 1987.

Attorney(s) appearing for the Case

Gary Rossi, Bloomfield Hills, Mich., for plaintiff.

S. Allen Early, Detroit, Mich., for defendants.

ORDER AND OPINION

COHN, District Judge.

I.

This is an action under the Racketeer Influenced and Corrupt Organization Act (RICO), 18 U.S.C. § 1961 et seq., the 1933 Securities Act, 15 U.S.C. § 77a et seq., and the 1934 Securities Exchange Act, 15 U.S. C. § 78a et seq., together with pendent state claims. Plaintiffs, mother and daughter, allege that they were unsophisticated investors with no prior experience in...

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