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MAGRUDER v. FIDELITY BROKERAGE SERVICES LLC

No. 15-1846.

818 F.3d 285 (2016)

Michael MAGRUDER, Plaintiff-Appellant, v. FIDELITY BROKERAGE SERVICES LLC, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided March 17, 2016.

Attorney(s) appearing for the Case

Michael Magruder, Chicago, IL, pro se.

John S. Monical , Lawrence, Kamin, Saunders & Uhlenhop, Chicago, IL, for Defendant-Appellee.

Before WOOD, Chief Judge, and POSNER and EASTERBROOK, Circuit Judges.

Michael Magruder bought 940,000 shares of Bancorp International Group (Bancorp) through his account at Fidelity Brokerage Services. He paid $9,298 and some years later asked Fidelity to deliver a certificate showing his ownership of the shares. When Fidelity did not comply, Magruder initiated arbitration through the Financial...

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