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COOPERATIVA de AHORRO y CREDITO AGUADA v. KIDDER, ETC.

Civ. No. 89-1706 (JAF).

758 F.Supp. 64 (1991)

COOPERATIVA de AHORRO y CREDITO AGUADA, Plaintiff, v. KIDDER, PEABODY & CO.; Paine Webber Incorporated; Ramón M. Almonte, Jane Doe, and the property partnership existing between them, Defendants.

United States District Court, D. Puerto Rico.

January 30, 1991.

Attorney(s) appearing for the Case

Roberto Boneta, Enrique Peral, Muñoz Boneta Arbona Benitez & Peral, San Juan, P.R., for Cooperativa de Ahorro y Credito Aguada.

Harry F. Woods, Woods & Woods, San Juan, P.R., for Ramón M. Almonte.

Néstor Méndez-Gómez, Richard Graffam, McConnell Valdes Kelley Sifre Griggs & Ruiz-Suria, San Juan, P.R., for Kidder, Peabody.

Guillermo J. Bobonis, Bobonis Bobonis & Rodriguez Poventud, Condado, P.R., for Paine Webber.

OPINION AND ORDER

FUSTE, District Judge.

I. Introduction

Plaintiff Cooperativa ("Coop") is a single-branch savings and loan institution incorporated and operating in Puerto Rico. Defendants Kidder, Peabody & Co. ("Kidder") and Paine Webber Incorporated ("Paine Webber") are financial services providers through whom plaintiff purchased various securities. Defendant Ramón Almonte ("Almonte")1 was the securities...

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