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ALVORD v. SHEARSON HAYDEN STONE, INC.

Civ. No. H-79-173.

485 F.Supp. 848 (1980)

Wesley ALVORD et al. v. SHEARSON HAYDEN STONE, INC., et al.

United States District Court, D. Connecticut.

February 14, 1980.

Attorney(s) appearing for the Case

Thomas H. Connell, Katz & Connell, Hartford, Conn., for plaintiffs.

William S. Rogers, Alcorn, Bakewell & Smith, Hartford, Conn., for defendants.

RULING ON MOTION TO DISMISS

CLARIE, Chief Judge.

This action was brought by several plaintiff investors to recover for losses on their investments in certain stock option trading accounts. They claim that a securities salesman made express representations regarding the financial risks involved by their investing in certain stock option trading accounts. These accounts were being managed according to the salesman's own special "system" for trading stock options...

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