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DREXEL BURNHAM LAMBERT, INC. v. D'ANGELO

No. 77 Civ. 3267 (WCC).

453 F.Supp. 1294 (1978)

DREXEL BURNHAM LAMBERT, INCORPORATED, Plaintiff, v. Robert D'ANGELO and Kenneth D'Angelo, Defendants.

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

July 17, 1978.

Attorney(s) appearing for the Case

Grandefeld & Goodman, New York City, for plaintiff; Dominick J. Dorata, New York City, of counsel.

Brown, Wood, Ivey, Mitchell & Petty, New York City, for defendants; Thomas J. Mullaney, New York City, of counsel.

OPINION AND ORDER

CONNER, District Judge:

This is an action to recover a debit balance in defendants' joint commodity account with plaintiff, which is alleged to have arisen out of defendants' purchases and sales of soybean contracts on the Chicago Board of Trade. Plaintiff is a New York corporation doing business as a broker-dealer in securities and commodities; defendants are residents of New Jersey.

The action was commenced in the New York Supreme...

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