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J. EGAN & CO., INC. v. PHILADELPHIA STOCK EXCHANGE

Civ. A. No. 89-0162.

715 F.Supp. 686 (1989)

J. EGAN & CO., INC., Bloom and Co., Inc., and Ralph L. Jeter v. PHILADELPHIA STOCK EXCHANGE.

United States District Court, E.D. Pennsylvania, C.D.

March 7, 1989.

Attorney(s) appearing for the Case

Lawrence J. Tabas, Daniel J. Dugan, and J. Baur Whittlesey, Philadelphia, Pa., for plaintiffs.

Christine C. Levin, Joseph A. Tate, and Diane S. Donaldson, Schnader, Harrison, Segal & Lewis, Philadelphia, Pa., for defendant.

MEMORANDUM AND ORDER

DUBOIS, District Judge.

Presently before the Court is the Motion of the defendant, Philadelphia Stock Exchange, to dismiss the plaintiffs' Complaint under Fed.R.Civ.P. 12(b)(1) for lack of subject matter jurisdiction. The Philadelphia Stock Exchange ("PHLX") contends that this Court lacks jurisdiction because the plaintiffs, J. Egan & Co., Inc. ("Egan"), Bloom and Co., Inc. ("Bloom") and Ralph L. Jeter, failed to exhaust their administrative...

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