OUZIEL v. COYLE


165 A.D.2d 868 (1990)

Bernard Ouziel, Respondent, v. Edward F. Coyle, Appellant

Appellate Division of the Supreme Court of the State of New York, Second Department.

September 24, 1990


Ordered that the order is reversed, on the law, with costs, the defendant's motion for summary judgment is granted, and the complaint is dismissed.

In September 1985, the plaintiff invested in the S & P 100 Index Income Strategy program developed by Shearson Lehman Brother's Inc. (hereinafter Shearson Lehman). By late December 1985, he closed out the account after incurring substantial losses. The plaintiff then commenced an action in the United States District...

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