McCarthy v. PaineWebber, Inc.
District Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
SHADUR, District Judge.
Daniel McCarthy (“McCarthy”) sues Paine Webber, Inc. (“PaineWebber”) and Paine Webber Account Executive Thomas Downs (“Downs”) under Commodity Exchange Act (“Act”) § 4b(A) (“Section 4b(A)”), 7 U.S.C. § 6b(A) (actionable under Act § 22(a)(1), 7 U.S.C. § 25(a)(1)), seeking damages for harm suffered as a result of defendants’ allegedly fraudulent mismanagement of his commodities account. McCarthy’s Amended Complaint (the “Complaint”) 1 also includes two pendent state law counts, one seeking recovery for common law fraud and the other under the…
2Cases cited29 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
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- Hishon v. King & SpaldingSupreme Court of the United States · 1984
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- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
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- Fisher v. SamuelsDistrict Court, N.D. Illinois · 1988
- Robert S. Dyer v. Merrill Lynch, Pierce, Fenner & Smith, IncorporatedCourt of Appeals for the Seventh Circuit · 1991
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