OMNIVEST INC. v. ELDERS FUTURES, INC.


157 A.D.2d 528 (1990)

Omnivest Incorporated, Respondent, v. Elders Futures, Inc., et al., Appellants

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

January 18, 1990


Plaintiff-respondent Omnivest Inc. seeks damages from defendant-respondent Elders Futures, Inc., and its president, Gene Donney, representing lost future commissions that would allegedly have been earned from the Lombardfin Securities Underwriters, Ltd. (LSU), a Swiss corporation that was Omnivest's largest customer until "Black Monday", October 19, 1987. Plaintiff asserts that because of the trading losses discussed below, LSU is no longer a customer of Omnivest.

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