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NIELSEN v. PIPER, JAFFRAY & HOPWOOD, INC.

No. 95-1328.

66 F.3d 145 (1995)

Melvin C. NIELSEN and Peter C. Kostantacos, Plaintiffs-Appellees, v. PIPER, JAFFRAY & HOPWOOD, INCORPORATED, Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided September 19, 1995.

Attorney(s) appearing for the Case

P. Terrence Buehler, Arthur T. Susman, Robert E. Williams (argued), Susman, Buehler & Watkins, Chicago, IL, for plaintiffs-appellees.

Theodore J. Low, Robert P. Bramnik (argued), William K. Myatt, Susan J. Magar, Altheimer & Gray, Chicago, IL, for defendant-appellant.

Before BAUER, COFFEY, and MANION, Circuit Judges.

MANION, Circuit Judge.

Plaintiff Peter C. Kostantacos (Kostantacos) brought this securities fraud class action suit against several defendants, including the appellant, Piper, Jaffray & Hopwood, Inc. (PJH). PJH filed a motion to stay litigation and compel Kostantacos' claim to arbitration pursuant to the parties' arbitration agreement. The matter was referred to a magistrate judge who recommended that PJH's motion be granted...

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