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SCHOFIELD v. FIRST COMMODITY CORP. OF BOSTON

C.A. No. 83-4137-Z.

638 F.Supp. 4 (1985)

Clarence E. SCHOFIELD and Rebecca J. Schofield v. FIRST COMMODITY CORPORATION OF BOSTON.

United States District Court, D. Massachusetts.

April 29, 1985.

Attorney(s) appearing for the Case

Harry A. Garfield II, Glen DeValerio, Berman, DeValerio & Pease, Boston, Mass., for plaintiff.

Jeffrey V. Boxer, Boston, Mass., for defendant.

MEMORANDUM OF DECISION

ZOBEL, District Judge.

Plaintiff Rebecca Schofield alleges that employees of defendant First Commodity Corporation of Boston ("FCCB") fraudulently induced her and her husband, now deceased, to invest all of their liquid assets in trading commodity futures. She claims that FCCB persuaded her to open an account without adequately disclosing the risks associated with such trading and with knowledge that the Schofields — elderly...

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