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  5. 948 S.W.2d 222 (1997)
 

CONSOLIDATED FINANCIAL INVEST. v. MANION

No. 70621.

948 S.W.2d 222 (1997)

CONSOLIDATED FINANCIAL INVESTMENTS, INC. and Alan Stiffelman, Plaintiffs/Appellants, v. Glenn E. MANION, et al., Defendants/Respondents.

Missouri Court of Appeals, Eastern District, Division Three.

June 27, 1997.

Attorney(s) appearing for the Case

William B. Langenbacher, Clayton, for plaintiffs/appellants.

Stuart R. Berkowitz, Platke and Berkowitz, L.L.P., St. Louis, for defendants/respondents.

GRIMM, Judge.

This dispute concerns alleged violations of federal securities laws. Plaintiff Consolidated Financial Investments is a broker-dealer in securities; plaintiff Alan Stiffelman is its president. The defendants are individuals who purchased securities through plaintiffs and suffered losses.

Defendants filed for arbitration. Thereafter, plaintiffs filed this action seeking a declaratory judgment that the claims were barred by both contractual limitations...

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