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MATTER OF OBERWEIS SECURITIES, INC.

Bankruptcy No. 89 B 11283, Civ. A. No. 90 C 3466, Adv. No. 90 A 0486.

135 B.R. 842 (1991)

In the Matter of OBERWEIS SECURITIES, INC. SECURITIES INVESTOR PROTECTION CORPORATION, Plaintiffs, v. OBERWEIS SECURITIES, INC., Defendant.

United States Bankruptcy Court, N.D. Illinois, E.D.

December 31, 1991.

Attorney(s) appearing for the Case

Marsha Gerber, Mayer, Brown & Platt, Chicago, Ill., for J. William Holland, Jr. as SIPA Trustee.

Theodore H. Focht, General Counsel, Washington, D.C., for Securities Investor Protection Corp.

Donald Shriver, pro se.

MEMORANDUM, OPINION AND ORDER

ROBERT E. GINSBERG, Bankruptcy Judge.

FACTS

This matter comes before the court on the trustee's motion for summary judgment. The question is whether the trustee's denial of the brokerage customers' claims for dividends that would have been earned had the funds been invested as instructed by the customers is proper under the Securities Investor Protection Act ("SIPA"). In SIPA...

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