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MONISOFF v. AMERICAN EAGLE INVESTMENTS, INC.

No. 96 CIV. 2216 (JSR).

927 F.Supp. 137 (1996)

Reba MONISOFF, Plaintiff, v. AMERICAN EAGLE INVESTMENTS, INC. and Allen R. Rosenberg, Defendants.

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

June 10, 1996.

Attorney(s) appearing for the Case

Law Office of Russell K. Statman, New York City for Plaintiff.

Barrack, Rodos & Bacine, Joseph R. Sahid, New York City, Daniel E. Bacine, and Jeffrey W. Golan, Philadelphia, PA, for Defendants.

MEMORANDUM OPINION AND ORDER

RAKOFF, District Judge.

On March 27, 1996, plaintiff Monisoff brought suit against the securities firm of American Eagle Investments, Inc. and its president Allen R. Rosenberg, alleging fraud in their management of her securities account. Defendants promptly moved to stay the action pending arbitration. Following receipt of written submissions, the Court heard argument on May 31, 1996. For the reasons that follow, the...

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