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TEXTILE MUSEUM v. F. EBERSTADT & CO., INC.

Civ. A. No. 77-1091.

440 F.Supp. 30 (1977)

TEXTILE MUSEUM, Plaintiff, v. F. EBERSTADT & CO., INC., Defendant.

United States District Court, District of Columbia.

November 14, 1977.

Attorney(s) appearing for the Case

Peter A. Greenberg, Washington, D.C., for plaintiff.

Donald J. Mulvihill, Washington, D.C., for defendant.

MEMORANDUM ORDER

JOHN H. PRATT, District Judge.

This action, framed in four counts, challenges the conduct of defendant investment advisory organization Eberstadt in its failure to advise plaintiff client of the faltering fortunes of a company in which plaintiff maintained a substantial securities investment. Plaintiff, by agreement executed in New York in May 1969, had entered into a contract with defendant's predecessor (a limited partnership) under which...

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