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SSH CO., LTD. v. SHEARSON LEHMAN BROS. INC.

No. 86 Civ. 5981(PNL).

678 F.Supp. 1055 (1987)

SSH COMPANY, LTD., Plaintiff, v. SHEARSON LEHMAN BROTHERS INCORPORATED, Lawrence J. Green, Lehman Brothers Kuhn Loeb, Inc. and Shearson Lehman/American Express, Defendants.

United States District Court, S.D. New York.

December 24, 1987.

Attorney(s) appearing for the Case

A. Richard Golub, New York City, for plaintiff; Gary S. Graifman, of counsel.

Shearson Lehman Brothers Inc., Office of the Gen. Counsel, New York City, for defendants; Theodore A. Krebsbach, Thomas E. Hommel, Jeffrey L. Friedman, of counsel.

MEMORANDUM AND ORDER

LEVAL, District Judge.

Plaintiff alleges various instances of misrepresentation and deceptive practices by defendants in their handling of plaintiff's brokerage account. Defendants move to dismiss the complaint or, in the alternative, to stay federal proceedings pending arbitration. (Jurisdiction is asserted under both 28 U.S.C. § 1331 and 28 U.S.C. § 1332.) The defendants seek an order (1) dismissing plaintiff's claims which...

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