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BORDELON v. FIDELITY BROKERAGE SERVICES INC.

Civ. A. No. 87-00430.

671 F.Supp. 442 (1987)

SUCCESSION OF Noel Andre BORDELON, etc. v. FIDELITY BROKERAGE SERVICES, INC., et al.

United States District Court, E.D. Louisiana.

October 6, 1987.

Attorney(s) appearing for the Case

Jamie F. Veverica, Gretna, La., for plaintiff.

Jones, Walker, Waechter, Poitevent, Carrere & Denegre, Nancy Scott Degan, New Orleans, La., for Fidelity Brokerage Services, Inc.

Monroe & Lemann, Benj. R. Slatter Jr., Mark E. Van Horn, New Orleans, La., for Union Elec. Co.

Liskow & Lewis, William R. Pitts, New Orleans, La., for Houston Industries Inc., Portland Gen. Elec. Co.

ORDER AND REASONS

FELDMAN, District Judge.

Before this Court is defendants' Motion for Summary Judgment submitted by Fidelity Brokerage Services, Inc. and National Financial Services Corporation. Defendants' motion is GRANTED in part and DENIED in part.

This action arises out of the fraudulent indorsement by Bobbie Bordelon of certain stock certificates belonging to his deceased father. Prior to August 15, 1984, Noel A. Bordelon owned 300 shares...

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