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SACCO v. PRUDENTIAL-BACHE SECURITIES, INC.

Civ. A. No. 88-6457.

703 F.Supp. 362 (1988)

Columbus P. SACCO v. PRUDENTIAL-BACHE SECURITIES, INC. and Harold Wenger, Jr.

United States District Court, E.D. Pennsylvania.

December 21, 1988.

Attorney(s) appearing for the Case

Scott H. Spencer, Lancaster, Pa., for plaintiff.

Daniel E. Bacine, Philadelphia, Pa., for defendants.

MEMORANDUM AND ORDER

VAN ANTWERPEN, District Judge.

This matter comes before the court on defendants' Motion to Stay Proceedings pending arbitration and Defendants' Motion to Stay Discovery. The action arises out of defendants' alleged "churning" and mismanaging plaintiff Columbus Sacco's securities account. For the reasons stated below, defendants' motion to stay proceedings will be granted in part and denied in part; defendants' motion to stay discovery...

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