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E. F. HUTTON & COMPANY v. BROWN

Civ. A. No. 68-H-592.

305 F.Supp. 371 (1969)

E. F. HUTTON & COMPANY, Inc., Plaintiff, v. John D. BROWN, Defendant.

United States District Court S. D. Texas, Houston Division.

September 18, 1969.

Attorney(s) appearing for the Case

Bracewell & Patterson, Houston, Tex., for plaintiff.

Reynolds, White, Allen & Cook, Houston, Tex., for defendant.

MEMORANDUM OPINION

I. PREFACE

NOEL, District Judge.

A. Introduction

Plaintiff E. F. Hutton & Company, Inc. ("Hutton"), a national brokerage firm, brought this action against defendant John D. Brown, its former Houston regional vice-president, for alleged negligence and breach of fiduciary duty to the corporation. Jurisdiction exists under 28 U.S.C. § 1332 as to the entire case...

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