Plaintiff Global Minerals and Metals Corp. (GMMC) commenced this action against Merrill Lynch and some of its affiliates (collectively, Merrill) alleging that from 1994 through July 1996, Merrill misappropriated copper warrants via an account GMMC had with Merrill. The record reflects, however, that the subject account was actually held by a third party, Sumitomo Corporation, and that, as authorized by a limited power of attorney signed by a representative of both GMMC and...
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