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DOWD v. FIRST OMAHA SECURITIES CORP.

No. S-90-093.

495 N.W.2d 36 (1993)

242 Neb. 347

Thomas F. DOWD and Barbara A. Dowd, Appellants, v. FIRST OMAHA SECURITIES CORPORATION, Doing Business as First National Brokerage Services, a Corporation, Appellee.

Supreme Court of Nebraska.

February 5, 1993.

Attorney(s) appearing for the Case

Michael Boyle and, on brief, Brian J. Muench and Eugene L. Pieper, of Thompson, Crounse, Pieper & Brumbaugh, P.C., Omaha, for appellants.

Frederick S. Cassman and Sandra L. Maass, of Abrahams, Kaslow & Cassman, Omaha, for appellee.

HASTINGS, C.J., and BOSLAUGH, CAPORALE, SHANAHAN, GRANT, and FAHRNBRUCH, JJ.

FAHRNBRUCH, Justice.

Thomas F. Dowd and Barbara A. Dowd claim, inter alia, that the district court for Douglas County erred (1) in requiring them to submit to arbitration a dispute with their stockbroker, First Omaha Securities (FOS), concerning the liquidation of the Dowds' margin accounts and (2) in confirming the arbitration panel's award in favor of FOS.

FACTS

Alleging wrongful liquidation of their margin accounts, the Dowds sued FOS for breach...

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