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FIRST CITIZENS MUN. CORP. v. PERSHING DIV., ETC.

Civ. A. No. C82-822A.

546 F.Supp. 884 (1982)

FIRST CITIZENS MUNICIPAL CORP. and Michael Siemer, Plaintiffs, v. PERSHING DIVISION OF DONALDSON, LUFKIN & JENRETTE SECURITIES CORP. and Mitchel, Schrieber & Watts, Inc., Defendants.

United States District Court, N. D. Georgia, Atlanta Division.

September 20, 1982.

Attorney(s) appearing for the Case

Gregory E. Stuhler, Atlanta, Ga., for plaintiffs.

Walter W. Driver, Jr., Atlanta, Ga., for Donaldson, Lufkin & Jenrette.

ORDER

ROBERT H. HALL, District Judge.

Before this court is an action brought by First Citizens Municipal Corporation (hereinafter "First Citizens"), a corporate securities dealer, and Michael Siemer, the sole stockholder and Chairman of the Board of First Citizens. The underlying dispute involves the performance by defendant Pershing Division of Donaldson, Lufkin and Jenrette Securities Corporation (hereinafter "DLJ") of certain clearing and accounting services...

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