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MANDELBAUM v. NEW YORK MERCANTILE EXCHANGE

No. 93 Civ. 8302 (AGS).

894 F.Supp. 676 (1995)

Edward MANDELBAUM and Cooperative Trading Services, Incorporated, Plaintiffs, v. NEW YORK MERCANTILE EXCHANGE, R. Patrick Thompson, Ronald G. Oppenheimer, James Morrissey, Stuart Smith, and Does 1 Through 10 Inclusive, Defendants.

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

August 1, 1995.

Attorney(s) appearing for the Case

Scott M. Brenner, New York City, for plaintiffs.

Pollack & Kaminsky by Martin I. Kaminsky, Edward T. McDermott and Justin Y.K. Chu, New York City, for defendants.

Opinion & Order

SCHWARTZ, District Judge.

BACKGROUND

Plaintiff Edward Mandelbaum is a former member of the New York Mercantile Exchange ("NYMEX"). Complaint, ¶¶ 3, 14 and 85. He sold his NYMEX seat in April 1993. Complaint ¶ 85. Mandelbaum is also the owner of co-plaintiff Cooperative Trading Services, Incorporated ("CTS"), Complaint ¶¶ 4 and 5, which was a floor brokerage company engaged in trading on NYMEX...

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