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ADDEO v. BRAVER

No. 95 Civ. 4649(SS).

956 F.Supp. 443 (1997)

William H. ADDEO and Lisa Addeo, Plaintiffs, v. David BRAVER and Braver, Stern Securities Corp., Defendants.

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

February 6, 1997.

Attorney(s) appearing for the Case

Bernstein, Litowitz, Berger & Grossman, New York City, Douglas M. McKeige, for Plaintiffs.

Stroock & Stroock & Lavan, New York City, Melvin A. Bosterman, for Defendants.

OPINION AND ORDER

SOTOMAYOR, District Judge.

Plaintiffs in this action, Lisa and William Addeo, brought suit against David Braver for alleged securities fraud in connection with defendant's management of a discretionary trading account opened by plaintiffs in 1991. Plaintiffs contend that defendant misled them as to a variety of matters bearing upon their account, thereby creating the false impression that a conservative investment strategy was being...

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