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CHURCH v. GRUNTAL & CO., INC.

No. 88 Civ. 516 (TPG).

698 F.Supp. 465 (1988)

Sandra Lee CHURCH, Plaintiff, v. GRUNTAL & CO., INCORPORATED, Herzfeld & Stern, Inc., and Maurice Gross, Defendants.

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

October 7, 1988.

Attorney(s) appearing for the Case

John Steel, Tanner Propp Fersko & Sterner, New York City, for plaintiff.

Barry J. Mandel, Baer Marks & Upham, Philip G. Barber, Schulte Roth & Zabel, New York City, for defendants.

OPINION

GRIESA, District Judge.

Plaintiff Sandra Church opened a securities account with Herzfeld & Stern, Inc. in July 1982. Maurice Gross, a Herzfeld account representative, managed the account. In September 1985 Gruntal & Co., Inc. bought the account pursuant to the purchase of some of Herzfeld's assets. Gross continued, following the purchase, to manage the account.

Plaintiff has brought this action against Herzfeld, Gross and Gruntal...

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