Kelly v. Merrill Lynch, Pierce, Fenner & Smith, Inc.
Court of Appeals for the Eleventh Circuit
1Per curiam
This case asks whether the district court properly enjoined arbitration proceedings on the basis of res judicata. We affirm.
Plaintiffs had accounts with defendant Merrill Lynch. In 1987, plaintiffs filed a complaint based on SEC Rules 10b-5 and 10b-16 in district court.1 After about two years of discovery, plaintiffs dismissed the 10b-16 claim. The court ultimately granted summary judgment to defendant on the remaining Rule 10b-5 claim. We affirmed. Kelly v. Merrill Lynch, 948 F.2d 1297 (1991).
Shortly after the district court granted defendant summary judgment, plaintiffs started arbitration…
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- McDonald v. City of West BranchSupreme Court of the United States · 1984
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