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GOODRICH v. E.F. HUTTON GROUP, INC.

Civ. A. No. 8279.

542 A.2d 1200 (1988)

Edward O. GOODRICH, on behalf of himself and all others similarly situated, Plaintiff, v. E.F. HUTTON GROUP, INC. and E.F. Hutton and Company, Inc., Defendants.

Court of Chancery of Delaware, New Castle County.

Decided: January 21, 1988.

Attorney(s) appearing for the Case

John C. Phillips, Jr. of Phillips & Snyder, Wilmington, of counsel: Richard D. Greenfield, C. Oliver Burt, III, and Alfreda L. Verratti of Greenfield & Chimicles, Haverford, Pa., for plaintiff.

Allen M. Terrell, Jr., and Gregory C. Varallo of Richards, Layton & Finger, Wilmington; of counsel: Thomas F. Currin, John R. Vaughan, Patricia Farren, and David S. Smith of Cahill, Gordon & Reindel, New York City, for defendants.

HARTNETT, Vice Chancellor.

Plaintiff brought this purported class action alleging fraud and other related state law claims against the defendants, E.F. Hutton Group, Inc., and E.F. Hutton and Company, Inc., ("Hutton") and he sought injunctive relief and damages. The purported class consists of those Hutton customers "who received funds from Hutton... by means of checks drawn on accounts maintained by Hutton located more...

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