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McCARTHY v. PAINEWEBBER, INC.

No. 85 C 03328.

618 F.Supp. 933 (1985)

Daniel F. McCARTHY, etc., Plaintiff, v. PAINEWEBBER, INC., et al., Defendants.

United States District Court, N.D. Illinois, E.D.

September 11, 1985.

Attorney(s) appearing for the Case

Arthur M. Holtzman, Pederson & Houpt, Chicago, for plaintiff.

James D. Adducci, Michael B. Roche, Schuyler, Roche & Zwirner, Chicago, for defendants.

MEMORANDUM OPINION AND ORDER

SHADUR, District Judge.

Daniel McCarthy ("McCarthy") sues Paine Webber, Inc. ("PaineWebber") and Paine Webber Account Executive Thomas Downs ("Downs") under Commodity Exchange Act ("Act") § 4b(A) ("Section 4b(A)"), 7 U.S.C. § 6b(A) (actionable under Act § 22(a)(1), 7 U.S.C. § 25(a)(1)), seeking damages for harm suffered as a result of defendants' allegedly fraudulent mismanagement of his commodities account...

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