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NEILL v. DAVID A. NOYES & CO.

No. 76 C 48.

416 F.Supp. 78 (1976)

Thomas B. NEILL and Kaye L. Neill, Plaintiffs, v. DAVID A. NOYES & COMPANY, a partnership, and Allen M. Grigg, Defendants.

United States District Court, N. D. Illinois, E. D.

July 21, 1976.

Attorney(s) appearing for the Case

Dan Brusslan of Fischel, Kahn, Weinberg & Brusslan, Chicago, Ill., for plaintiffs.

Samuel S. Berger and Warren Krinsky, Chicago, Ill., for defendants.

MEMORANDUM OPINION

AUSTIN, District Judge.

This litigation involves alleged violations of certain margin requirements by the Defendants in the sale of securities owned by the Plaintiffs. The Defendants have moved to dismiss the lawsuit on the basis that the claims presented by the Plaintiffs are not valid. For the following reasons, that motion must be denied.

For a number of years prior to the instigation of this lawsuit, the Plaintiffs maintained...

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