SEASE v. PAINEWEBBER, INC.

No. 87-1368-CIV.

697 F.Supp. 1190 (1988)

Wallace SEASE, et al., Plaintiffs, v. PAINEWEBBER, INCORPORATED, Defendant.

United States District Court, S.D. Florida.

March 15, 1988.


Attorney(s) appearing for the Case

Elizabeth Koebel Clarke, Daniels & Hicks, Miami, Fla., for plaintiffs.

Bennett Falk and Keith Olin, Ruden, Barnett, McCloskey, Smith, Schuster & Russell, Miami, Fla., for defendants.


ORDER

NESBITT, District Judge.

This cause is before the Court on Defendant PaineWebber, Incorporated's ("PaineWebber") Motion to Compel Arbitration and to Stay Action. The Court has considered the memoranda of counsel and the applicable law and being otherwise duly advised rules as follows.

BACKGROUND

By their complaint, Plaintiffs allege that Peter Butler ("Butler"), while employed as a security analyst at PaineWebber, purchased a substantial...

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