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RODRIGUEZ De QUIJAS v. SHEARSON/LEHMAN BROS., INC.

Nos. 87-2888 to 87-2891.

845 F.2d 1296 (1988)

Opelia RODRIGUEZ De QUIJAS, et al., Plaintiffs-Appellees, v. SHEARSON/LEHMAN BROTHERS, INC., f/k/a Shearson/American Express, Inc., and Jon Grady Deaton, Defendants-Appellants. Mary Grace NORMAN, Plaintiff-Appellee, v. SHEARSON/LEHMAN BROTHERS, INC., f/k/a Shearson/American Express, Inc., etc., et al., Defendants-Appellants. Adelina TRAPERO, Plaintiff-Appellee, v. SHEARSON/LEHMAN BROTHERS, INC., f/k/a Shearson/American Express, Inc., Its Successors and Assigns, and Jon Grady Deaton, Jointly and Severally, Defendants-Appellants. Gene GRIFFIN and Gertrud Griffin, Plaintiffs-Appellees, v. SHEARSON/LEHMAN BROTHERS, INC., f/k/a Shearson/American Express, Inc., etc., et al., Defendants-Appellants.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied June 22, 1988.

Attorney(s) appearing for the Case

Theodore A. Krebsbach, Harry D. Frisch, Office of the General Counsel, New York City, Jenkins & Gilchrist, Will S. Montgomery, William D. Sims, Jr., Dallas, Tex., for defendants-appellants.

Denis A. Downey, Thomas Sullivan, Downey & Sullivan, Brownsville, Tex., for plaintiffs-appellees.

Before THORNBERRY, WILLIAMS and DAVIS, Circuit Judges.

JERRE S. WILLIAMS, Circuit Judge:

In these consolidated cases we confront the issue of whether claims brought under § 12(2) of the Securities Act of 1933, 15 U.S.C. § 77 l(2) (1982), are subject to predispute arbitration agreements. This issue arises in the wake of Shearson/American Express, Inc. v. McMahon, ___ U.S. ___, 107 S.Ct. 2332, 96 L.Ed.2d 185 (1987), which enforced a predispute agreement...

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