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EX PARTE ALEXANDER

88-1391.

558 So.2d 364 (1990)

Ex parte Richard G. ALEXANDER. (Re Richard G. ALEXANDER v. PRUDENTIAL-BACHE SECURITIES, INC., and Jeffrey L. Howard).

Supreme Court of Alabama.

January 26, 1990.

Attorney(s) appearing for the Case

Sidney W. Jackson III of Jackson & Taylor, Mobile, for petitioner.

Louis E. Braswell of Hand, Arendall, Bedsole, Greaves & Johnston, Mobile, for respondents.

MADDOX, Justice.

The issue in this case is whether the trial court erred in staying the plaintiff's case pending arbitration of his claims.

Richard Alexander allegedly lost approximately $30,000 in the stock market on "Black Monday," October 17, 1987. He sued his broker, Jeffrey L. Howard of Prudential-Bache Securities, Inc., and Prudential-Bache for not limiting his losses to $7,500 by implementing a "stock loss...

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