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VALLEE v. LACHAPELLE

Civ. A. No. 88-0292-P.

725 F.Supp. 631 (1989)

Robert J. VALLEE, et al., Plaintiffs, v. Ronald Raymond LACHAPELLE and Fechtor, Detwiler & Co., Inc., Defendants.

United States District Court, D. Maine.

December 1, 1989.

Attorney(s) appearing for the Case

Elliott L. Epstein, Arthur J. Reif, Isaac & Raymond, Lewiston, Me., for plaintiffs.

Gerald F. Rath, Bingham, Dana & Gould, Boston, Mass., Peter L. Murray, Murray, Plumb & Murray, Portland, Me., for defendants.

MEMORANDUM AND ORDER GRANTING DEFENDANTS' MOTION AND DENYING PLAINTIFFS' MOTION TO ENFORCE ARBITRATION AGREEMENT

GENE CARTER, Chief Judge.

In this action Plaintiffs are suing Defendants for various alleged violations of the securities laws and other alleged malfeasance concerning their securities brokerage accounts. On January 5, 1989, upon the joint motion of the parties, the Court stayed the action pending arbitration. The parties have now filed cross-motions...

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