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STEPHENS, INC. v. GELDERMANN, INC.

Nos. 91-2204, 91-2232.

962 F.2d 808 (1992)

STEPHENS, INC., Appellee/Cross-Appellant, v. GELDERMANN, INC., Appellant/Cross-Appellee.

United States Court of Appeals, Eighth Circuit.

Decided April 24, 1992.

Attorney(s) appearing for the Case

Otis Henry Story, III, Little Rock, Ark., argued (Lawrence J. Brady, on brief), for appellant/cross-appellee.

Jerry C. Jones, Little Rock, Ark., argued (Kenneth R. Shemin and Amy L. Stewart, on brief), for appellee/cross-appellant.

Before BEAM, Circuit Judge, BRIGHT, Senior Circuit Judge, and VAN SICKLE, Senior District Judge.

BEAM, Circuit Judge.

Stephens, Inc., an Arkansas corporation, brought an action in federal district court against Geldermann, Inc., a Chicago based commodity futures merchant, for losses allegedly sustained through a house account Stephens maintained at Geldermann. Stephens raised a variety of claims based on state and federal law, seeking punitive as well as compensatory damages. The district court, through summary judgment or directed verdict, dismissed several...

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