de ATUCHA v. HUNT

No. 82 Civ. 6546 (MEL).

756 F.Supp. 829 (1991)

Jorge M.C.C. de ATUCHA, Plaintiff, v. Nelson Bunker HUNT, William Herbert Hunt, Lamar Hunt, Bache Halsey Stuart Shields, Inc., Bache Group, Inc., Alvin Brodsky, Merrill Lynch, Pierce Fenner & Smith, Incorporated, Conticommodity Services, Inc., Norton Waltuch, Melvin Schnell, Defendants.

United States District Court, S.D. New York.

February 21, 1991.


Attorney(s) appearing for the Case

Jared Stamell, Stamell Tabacco & Schager, New York City, for plaintiff.

Rogers & Wells, New York City, for defendant Merrill Lynch, Pierce Fenner & Smith, Inc.; William R. Glendon and Guy C. Quinlan, of counsel.


LASKER, District Judge.

This case arises from heavy losses Jorge M.C.C. de Atucha sustained on investments in long positions on silver futures contracts he purchased on the London Metals Exchange ("LME") in January, 1980. Extensive prior proceedings in this case,1 with which familiarity is assumed, leave as the sole remaining issue to be resolved de Atucha's allegations of fraud and negligent misrepresentation by defendant Merrill Lynch...

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