Petrie v. Pacific Stock Exchange, Inc.

AMENDED ORDER

PATEL, District Judge.

Plaintiffs Phillip H. and Judith E. Petrie (“Petries”) originally filed this action in San Francisco County Superior Court based on various breach of contract claims against defendant Pacific Stock Exchange (“Exchange”). 1 Pursuant to 28 U.S.C. sections 1441 and 1446, the Exchange filed a notice of removal, premised solely on federal question jurisdiction, 28 U.S.C. § 1441(b). In its notice of removal, the Exchange asserted that federal question jurisdiction existed under section 27 of the Securities Exchange Act (“Act”), 15 U.S.C. § 78aa, because the…