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LEHMAN BROS. INC. v. CERTIFIED REPORTING

No. 96 C 1301.

939 F.Supp. 1333 (1996)

LEHMAN BROTHERS INC., Plaintiff, v. CERTIFIED REPORTING COMPANY et al., Defendants.

United States District Court, N.D. Illinois, Eastern Division.

September 5, 1996.

Attorney(s) appearing for the Case

H. Nicholas Berberian, Robert J. Mandel, Neal, Gerber & Eisenberg, Chicago, IL, for plaintiff.

James E. Beckley, Leslie Gregory Bleifuss, James E. Beckley & Associates, Wheaton, IL, for defendants.

MEMORANDUM OPINION AND ORDER

CASTILLO, District Judge.

Defendants are investors1 who originally sought to arbitrate before the New York Stock Exchange ("NYSE") their claims against plaintiff Lehman Brothers. Investors alleged in their arbitration Statement of Claim ("Arbitration Claim") that Lehman disseminated false and misleading information inducing them to purchase grossly overvalued stock. In response, Lehman brought...

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