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GOLDSTEIN v. DEPOSITORY TRUST CO.

717 A.2d 1063 (1998)

Gilbert GOLDSTEIN, Individually, and on Behalf of Those Similarly Situated, Appellees, v. DEPOSITORY TRUST COMPANY, Appellant.

Superior Court of Pennsylvania.

Filed September 22, 1998.

Attorney(s) appearing for the Case

Gregg Mashberg, New York City, for appellant.

Stuart H. Savett, Philadelphia, for appellee.

Before KELLY, J., and CERCONE, President Judge Emeritus, and MONTEMURO, J.

MONTEMURO, Judge:

Appellant, Depository Trust Company ("DTC"), appeals from the July 17, 1997 Order of the Philadelphia Court of Common Pleas denying its petition to compel arbitration. For the reasons set forth below, we affirm.

This is a class action suit arising from the tender offer and sale of Pillsbury Company common stock in 1989. In January of 1989, Grand Metropolitan PLC ("Grand Met"), through its subsidiary...

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