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SAUL STONE & CO. v. BROWNING

Nos. 84 C 644, 84 C 8133.

615 F.Supp. 20 (1985)

SAUL STONE & COMPANY, Plaintiff, v. Jerry BROWNING, Defendant. John BLUM, Plaintiff, v. SAUL STONE & COMPANY and Bonnie Frost, Defendants.

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

As Corrected August 20, 1985.

Attorney(s) appearing for the Case

Howard J. Stein, Patrick J. Lamb, Katten Muchin Zavis Pearl & Galler, Chicago, Ill., for Saul Stone & Company.

Gregory A. Friedman, James J. Stamos, Coffield Ungaretti Harris & Slavin, Chicago, Ill., for Jerry Browning & John Blum.

Lloyd Kadish, Pamela Rogers, Chicago, Ill., for defendant Frost.

MEMORANDUM OPINION AND ORDER

PARSONS, District Judge.

In late 1983, John Blum filed a complaint in the State of Washington against Saul Stone & Company, a brokerage house, and Bonnie Frost, one of its agents, alleging that Frost solicited from the plaintiff, through the plaintiff's agent, the sum of $80,000 to be invested in the commodities market for the benefit of the plaintiff. Thereafter, Frost represented that the investment was showing considerable...

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