Julie Cotton, Plaintiff-Appellee-Cross-Appellant v. William Slone, Defendant-Appellant-Cross-Appellee
Court of Appeals for the Second Circuit
1Opinion of the Court
JACOBS, Circuit Judge:
In October 1989, Julie Cotton, a small-scale investor, sued William Slone, a licensed stockbroker, claiming he mishandled her investment account. Cotton’s complaint, brought in the United States District Court for the District of Connecticut (Cabranes, J.), alleges violations of federal and state securities laws, and breach of contract. On January 19, 1993, after more than three years of litigation, the district court granted a default judgment to Cotton in the amount of $40,000 plus post-judgment interest. Slone appeals from the judgment, raising only the issue of…
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