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GOLDMAN, SACHS & CO. v. BLONDIS

No. 74 C 1598.

412 F.Supp. 286 (1976)

GOLDMAN, SACHS & CO., Plaintiff, v. Ernest R. BLONDIS, M.D., Defendant.

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

May 7, 1976.

Attorney(s) appearing for the Case

James G. Hunter and Barbara B. Lounsbury, Kirkland & Ellis, Chicago, Ill., for plaintiff.

John C. Hendrickson, Chicago, Ill., for defendant.

Memorandum

LEIGHTON, District Judge.

I.

This litigation is the outgrowth of a controversy between a New York stock broker and an Illinois owner of 23,000 shares of Bucyrus-Erie common stock. In a three-count complaint based on claimed violations of the Securities Exchange Act of 1934 and a breach of contract, it is alleged by the broker that the owner had instructed it to sell the shares but later refused to make delivery of the certificates. The...

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