JOHNSON v. O'BRIEN

No. C9-87-1784.

420 N.W.2d 264 (1988)

David S. JOHNSON, et al., Respondents, v. Michael L. O'BRIEN, Defendant, Dain Bosworth, Incorporated, Appellant.

Court of Appeals of Minnesota.

Review Denied May 18, 1988.


Attorney(s) appearing for the Case

Edward Lynch, Thuet, Lynch, Pugh & Rogosheske, South St. Paul, for respondents.

Edward J. Pluimer, James K. Langdon, II, Dorsey & Whitney, Minneapolis, for appellant.

Heard, considered and decided by FORSBERG, P.J., and NIERENGARTEN and CRIPPEN, JJ.


OPINION

NIERENGARTEN, Judge.

This is an appeal from an order denying the appellant's motion to compel arbitration and stay judicial proceedings. The appellant contends the respondents' claims under federal securities law are subject to arbitration under a provision in its customer margin agreements. We affirm.

FACTS

On the advice of Michael O'Brien, an employee of appellant Dain Bosworth Incorporated (Dain Bosworth), respondents David Johnson...

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