CREMI v. BROWN

Civil No. K-95-1091.

955 F.Supp. 499 (1997)

Banca CREMI, et al., Plaintiffs v. Alex. BROWN, et al., Defendants.

United States District Court, D. Maryland.

February 5, 1997.


Attorney(s) appearing for the Case

Joseph D. Tydings, Howard Schiffman, and Howard N. Feldman, Washington, DC, for plaintiffs.

Michael R. Klein, and Robert F. Hoyt, Washington, DC, for defendants.


FRANK A. KAUFMAN, Senior District Judge.

Plaintiffs, Banca Cremi, S.A., Institucion de Banca Multiple, Grupo Financiero Cremi and its wholly owned subsidiary, Banca Cremi Grand Cayman (collectively "the Bank"), allege that their investment brokers, defendants Alex. Brown & Sons, Inc. ("Alex. Brown") and its employee, John Isaac Epley ("Epley"), wrongfully caused the Bank to lose over $23 million in connection with certain investments.1

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