HALFORD v. FIRST JERSEY SEC., INC.


182 A.D.2d 1003 (1992)

John D. Halford, Jr., Appellant, v. First Jersey Securities, Inc., et al., Respondents

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

April 16, 1992


Mercure, J.

At all times relevant herein, plaintiff maintained a securities account with defendant First Jersey Securities, Inc. (hereinafter First Jersey). In April 1985, plaintiff was contacted by defendant Peter Fiore, a broker employed by First Jersey in its Albany office. Based on Fiore's advice, plaintiff agreed to purchase 2,000 shares of the stock of defendant International Thoroughbred Breeders, Inc. (hereinafter ITB), a corporation engaged in...

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