DE FUERTES v. DREXEL, BURNHAM, LAMBERT, INC.

No. 88-1448.

855 F.2d 10 (1988)

Isabel Romeu VDA, DE FUERTES, et al., Plaintiffs, Appellants, v. DREXEL, BURNHAM, LAMBERT, INC., Defendant, Appellee.

United States Court of Appeals, First Circuit.

Decided August 26, 1988.

Rehearing Denied October 5, 1988.


Attorney(s) appearing for the Case

Manuel E. Romeu, San Juan, P.R., on memorandum to show cause why appeal should not be dismissed, for plaintiffs, appellants.

Jorge A. Miranda, Hato Rey, P.R., on motion in response, for defendant, appellee.

Before COFFIN, BOWNES and SELYA, Circuit Judges.


Rehearing En Banc Denied October 5, 1988.

PER CURIAM.

Plaintiffs brought an action seeking the delivery of securities allegedly illegally detained by defendants. Defendants, relying on a margin agreement calling for arbitration of disputes, moved to refer the controversy to arbitration. Plaintiffs opposed arbitration. They contended the purported margin agreement was not valid for a number of reasons, including forgery of a plaintiff's signature. The parties...

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