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WASNOWIC v. CHICAGO BOARD OF TRADE

Civ. No. 69-328.

352 F.Supp. 1066 (1972)

John J. WASNOWIC and Keystone Traders, Inc., Plaintiffs, v. CHICAGO BOARD OF TRADE et al., Defendants.

United States District Court, M. D. Pennsylvania.

November 17, 1972.

Attorney(s) appearing for the Case

Levy, Preate & Purcell, Scranton, Pa., Warren, Hill, Henkelman & McMenamin, Scranton, Pa., Jenner & Block, Chicago, Ill., for plaintiffs.

James W. Scanlon, Scranton, Pa., Kirkland, Ellis, Hodson, Chaffetz & Masters, Chicago, Ill., for defendant Chicago Board of Trade.

Lee A. Freeman, Jr., Chicago, Ill., Albert H. Aston, Wilkes-Barre, Pa., for defendant Chicago Mercantile Exchange.

Joseph E. Gallagher, Scranton, Pa., for defendant J. Samuel Sicherman.

MEMORANDUM AND ORDER

NEALON, District Judge.

Defendants have requested the court to reconsider its memorandum of December 30, 1970, in which the court denied defendants' motion to dismiss for lack of jurisdiction under the Securities Exchange Act of 1934 and for invalid service of process pursuant to § 27 of that Act. Defendants' motion was denied on the grounds that, in taking the allegations of plaintiffs' complaint as true, jurisdiction was proper...

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