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SHELDON CO. PROFIT SHARING PLAN AND TRUST v. SMITH

No. 1:92-CV-189.

891 F.Supp. 404 (1995)

SHELDON COMPANY PROFIT SHARING PLAN AND TRUST, et al., Plaintiffs, v. Michael K. SMITH, et al., Defendants.

United States District Court, W.D. Michigan, Southern Division.

February 23, 1995.

Attorney(s) appearing for the Case

Peter W. Steketee, Grand Rapids, MI and Peter N. Rigas, Grand Rapids, MI, for plaintiffs.

Bradley J. Schram, Gary M. Saretsky, and Dana Donahue, Hertz, Schram & Saretsky, P.C., Bloomfield Hills, MI, for defendants.

OPINION

HILLMAN, Senior District Judge.

Before the court is the motion of Oppenheimer & Co. ("Oppenheimer") and Sheldon Altman ("Altman") to enjoin and dismiss plaintiffs' claim under the Michigan Consumer Protection Act ("MCPA"), M.C.L. § 445.901 et seq. This claim is presently pending before a National Association of Securities Dealers, Inc. ("NASD") arbitration panel. For the reasons stated below, the motion is denied in part and...

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