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CHASINS v. SMITH, BARNEY & CO.

No. 66 Civ. 1578.

305 F.Supp. 489 (1969)

Abram CHASINS, Plaintiff, v. SMITH, BARNEY & CO., Incorporated, Defendant.

United States District Court S. D. New York.

September 30, 1969.

Attorney(s) appearing for the Case

Graubard & Moskovitz, New York City, for plaintiff; Leonard Holland, Edward M. Rosenfeld, New York City, of counsel.

Sullivan & Cromwell, New York City, for defendant; Marvin Schwartz, Michael M. Maney, New York City, of counsel.

OPINION

BONSAL, District Judge.

This action brought under the Securities Act of 1933, 15 U.S.C. § 77a et seq., and the Securities Exchange Act of 1934, 15 U.S.C. § 78a et seq., for damages resulting from defendant's alleged violations of the Acts, and pendent common law violations, in handling plaintiff's securities brokerage account, was tried before the court without a jury. Plaintiff is a retired musicologist, author, and lecturer. In 1961,...

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