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QUINCY CO-OP. BANK v. A.G. EDWARDS & SONS, INC.

Civ. A. 85-2913-MA.

655 F.Supp. 78 (1986)

QUINCY CO-OPERATIVE BANK, Plaintiff, v. A.G. EDWARDS & SONS, INC. and Jack Concannon, Defendants.

United States District Court, D. Massachusetts.

August 27, 1986.

Attorney(s) appearing for the Case

Ronald R. Cloutier, Martin J. Hernon, Warner & Stackpole, Boston, Mass., for plaintiff.

Glass & Brand, Robert Glass, Boston, Mass., for defendant A.G. Edwards & Sons, Inc.

MEMORANDUM AND ORDER

MAZZONE, District Judge.

This securities fraud action arises out of the sale of bonds that were called sooner, and at a lower price, than the buyer, relying on its broker's assurances, expected. Plaintiff is Quincy Co-Operative Bank (the Bank). Defendants are A.G. Edwards & Sons, Inc. (Edwards), a registered broker-dealer, and Jack Concannon, a broker who worked at Edwards' Worcester office.

Claiming that it was misled about...

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