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BIGGANS v. BACHE HALSEY STUART SHIELDS, INC.

Civ. A. No. 79-758.

487 F.Supp. 829 (1980)

Robert P. BIGGANS v. BACHE HALSEY STUART SHIELDS, INC. f/t/a Bache Halsey Stuart, Inc.

United States District Court, E. D. Pennsylvania.

January 14, 1980.

Attorney(s) appearing for the Case

Paul Breen, Philadelphia, Pa., for plaintiff.

Abraham C. Reich, Charles M. Solomon, Fox, Rothschild, O'Brien & Frankel, Philadelphia, Pa., for defendant.

MEMORANDUM

CAHN, District Judge.

Before the court is defendant's motion for summary judgment. Plaintiff brings this action for securities fraud, alleging that defendant's registered representative engaged in excessive trading or "churning" of plaintiff's account in the purchase and sale of "call" options between June of 1975 through October of 1976.1 The claims are based upon § 10(b) of the Securities Exchange Act of 1934...

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