CUMMINGS v. A.G. EDWARDS & SONS, INC.

Civ. A. No. 86-73-B.

733 F.Supp. 1029 (1990)

John R. CUMMINGS, et al. v. A.G. EDWARDS & SONS, INC., et al.

United States District Court, M.D. Louisiana.

March 15, 1990.


Attorney(s) appearing for the Case

Dennis J. Hauge, Breazeale, Sachse & Wilson, Baton Rouge, La., for plaintiffs.

Fredrick R. Tulley, Taylor, Porter, Brooks & Phillips, Baton Rouge, La., for defendants.


POLOZOLA, District Judge.

This suit was filed by John R. Cummings and his wife, Catherine, under Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b) and Rule 10b-5 of the Securities and Exchange Commission. 17 C.F.R. § 240.10b-5. Named as defendants in this suit are A.G. Edwards & Sons, Inc. and Alfonso Schiebel. Plaintiff contends that defendants are liable for various violations of the securities laws including churning, misrepresentations...

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