Brozan v. Worms

Plaintiff purchased certain stock on margin through defendants, who are stockbrokers. The complaint alleges that defendants had $3,600 of plaintiff’s money, and on October 24, 1929, claimed and represented that they held for plaintiff’s account certain shares of stock which on October 25,1929, plaintiff instructed defendants to sell, and which defendants failed and neglected to sell.

It is further alleged that on October 30, 1929, the defendants claimed they sold such stocks on that day and plaintiff’s money was thereby applied and exhausted. The complaint demands judgment that defendants…