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MOHOLT v. DEAN WITTER REYNOLDS, INC.

Civ. A. No. 78-1788.

478 F.Supp. 451 (1979)

Peter A. MOHOLT et al., Plaintiffs, v. DEAN WITTER REYNOLDS, INC., et al., Defendants.

United States District Court, District of Columbia.

October 15, 1979.

Attorney(s) appearing for the Case

Philip N. Smith, Jr., Christine E. Carnavos, Washington, D. C., for plaintiffs.

Steven A. Winkelman, T. Grant Callery, Washington, D. C., for defendants.

MEMORANDUM AND ORDER

GESELL, District Judge.

Plaintiffs, a group of related individuals and family-controlled organizations, bring this private damages action as investors, pursuant to the Securities Exchange Act of 1934, §§ 10(b) and 15(b) and (c), and attendant regulations. They seek to recover from defendant brokerage firms and the customer's man handling the accounts losses incurred in the course of stock purchases and sales. It is alleged...

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