GRINSELL v. KIDDER, PEABODY & CO., INC.

No. C-90-1576 FMS.

744 F.Supp. 931 (1990)

Gayle Lea GRINSELL, et al., Plaintiffs, v. KIDDER, PEABODY, & CO., INC., et al., Defendants.

United States District Court, N.D. California.

August 31, 1990.


Attorney(s) appearing for the Case

Edward A. Koplowitz, MacInnis, Donner & Koplowitz, San Francisco, Cal., for plaintiffs.

Eric G. Wallis, Boyd C. Sleeth, Crosby, Heafey, Roach & May, Oakland, Cal., for defendants.


ORDER

FERN M. SMITH, District Judge.

Plaintiffs, Mr. and Ms. Grinsell, filed this securities fraud action against their investment broker, Laura Kent, and her employer, Kidder, Peabody, & Company. The complaint alleges eleven causes of action, including violation of §§ 17(a) and 12(2) of the Securities Act of 1933. Defendants move to (1) strike allegations regarding violation of § 17(a) from the tenth cause of action and (2) dismiss the...

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