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LEONARD v. SHEARSON LEHMAN/AMERICAN EXP. INC.

Civ. A. No. 86-5808.

687 F.Supp. 177 (1988)

Herbert W. LEONARD v. SHEARSON LEHMAN/AMERICAN EXPRESS INC., et al.

United States District Court, E.D. Pennsylvania.

May 16, 1988.

Attorney(s) appearing for the Case

Edward Fackenthal, Henderson Wetherill O'Hey & Horsey, Norristown, Pa., for plaintiff.

C. Clark Hodgson, Jr., David C. Franceski, Jr., Stradley Ronon Stevens & Young, Philadelphia, Pa., Keith R. Dutill, for Shearson Lehman Brothers, Inc. and Peter Von Nessi, Jr.

Howard B. Arber, Hempstead, N.Y., for James F. Brennan & Joseph Ferrari.

MEMORANDUM

GILES, District Judge.

Herbert W. Leonard has filed suit complaining that a representative of Shearson Lehman/American Express (Shearson Lehman) in its Harrisburg, Pennsylvania branch, and several officers of that firm located in New York City, made material misrepresentations to him upon which he relied.1 Plaintiff claims that as a result of these misrepresentations he lost $125,000.

These losses were allegedly...

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