Abercrombie v. Howard, Weil, Labouisse, Fredericks, Inc.

Quillian, Judge.

Plaintiff was an active trader in commodities on the Chicago Board of Trade through the defendant brokerage firm’s branch office in Gainesville, Georgia. Defendant had acted as the brokerage agent for plaintiff since July of 1972 until the transactions giving rise to this action in August, 1973. The affidavit of Mr. LeVert, the vice-president of defendant’s brokerage firm, showed plaintiff had market positions on August 16,1973, which required minimum deposits of $1,680,000 and an equity in his account of $2,040,421.32. Defendant alleged plaintiff had contracted to buy 200,000…