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PIEMONTE v. CHICAGO BD. OPTIONS EXCHANGE, INC.

No. 75 Civ. 441-CLB.

405 F.Supp. 711 (1975)

Sabino PIEMONTE, on behalf of himself and all others similarly situated, Plaintiffs, v. CHICAGO BOARD OPTIONS EXCHANGE, INC., et al., Defendants.

United States District Court, S. D. New York.

December 18, 1975.

Attorney(s) appearing for the Case

Berman & Zivyak by Jeffrey Zivyak, New York City, for plaintiffs.

Lord, Day & Lord by John J. Loflin, George R. Reid, II, New York City, for defendants Chicago Bd. Options Exchange and Chicago Bd. Options Exchange Clearing Corp.

Townley, Updike Carter & Rodgers by James K. Leader, New York City, for defendant Chicago Bd. of Trade.

MEMORANDUM DECISION

BRIEANT, District Judge.

By his second amended complaint, plaintiff sues on behalf of himself and all other individuals who were holders of option contracts issued by the defendant Chicago Board Options Exchange Clearing Corporation1 ("Clearing Corporation") for the purchase of the underlying stock of International Business Machines Corporation ("IBM") at a price of $180.00 a share which options were exercisable...

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