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LINSEY v. E.F. HUTTON & CO., INC.

Civ. A. No. 86-3555.

675 F.Supp. 1 (1987)

Bishop Nathaniel L. LINSEY, individually and as trustee for the First C.M.E. Church of Anchorage, Alaska, Plaintiff, v. E.F. HUTTON & COMPANY, INC., et al., Defendants.

United States District Court, District of Columbia.

November 23, 1987.

Attorney(s) appearing for the Case

Arthur M. Reynolds, Reynolds & Mundy, Washington, D.C., for plaintiff.

Charles R. Mills, Mahlon M. Frankhauser, David S. Frye, Barrett, Smith, Schapiro, Simon & Armstrong, Washington, D.C., for defendants.

MEMORANDUM OPINION

THOMAS F. HOGAN, District Judge.

Nathaniel L. Linsey, a bishop of the Christian Methodist Episcopal (C.M.E.) Church, is suing E.F. Hutton & Company, Inc., and one of its brokers, Joseph D. Alexander, as a result of losses from the investment of church funds. By order dated July 27, 1987, the Court severed the claims against defendant Alexander and stayed those proceedings until the resolution of his bankruptcy. This matter is now before...

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