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DOONER v. DiDONATO

No. 10 EAP 2008.

971 A.2d 1187 (2009)

William DOONER and Maureen Dooner, h/w, Appellants v. Ralph DiDONATO and Philadelphia Stock Exchange, Appellees.

Supreme Court of Pennsylvania.

Decided June 4, 2009.

Attorney(s) appearing for the Case

Brian J. Grady, Grady & Falcione, L.L.P., Philadelphia, Richard T. Brown, for William Dooner and Maureen Dooner, appellants.

Angela Marie Heim, Thomas A. Kuzmick, Carl D. Buchholz, III, Rawle & Henderson, L.L.P., Philadelphia, for Philadelphia Stock Exchange, appellee.

W. Scott Magargee, IV, Cozen O'Connor, Philadelphia, for Ralph DiDonato, appellee.

BEFORE: CASTILLE, C.J., SAYLOR, EAKIN, BAER, TODD, McCAFFERY and GREENSPAN, JJ.

OPINION

Justice TODD.

In this appeal by allowance, we consider whether the federal Securities and Exchange Act of 1934 ("Securities Exchange Act" or "Act")1 preempts Pennsylvania state-law tort claims arising from a stock trader's assault of another trader on the floor of the Philadelphia Stock Exchange ("PSX"). For the reasons stated below, we conclude the Securities Exchange...

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