Legal Opinion

Fouquette v. First American National Securities, Inc.

Court of Appeals of Minnesota

Decided January 15, 1991No. C8-90-1835PublishedCited by 4 opinions

1Opinion of the Court

OPINION

GARDEBRING, Judge.

Eugene Fouquette commenced a securities fraud action against First American National Securities, Inc. (FANS); Michael L. Laidlaw; Budget Management, Inc.; and A.L. Williams Insurance Services, Inc. (A.L. Williams). The trial court entered default judgment against Laidlaw and Budget Management.

Relying on an arbitration clause contained in a customer agreement, the remaining two defendants, FANS and A.L. Williams, moved to compel arbitration under Minn.Stat. § 572.09 (1990). The trial court denied their motion, and FANS and A.L. Williams appealed pursuant to Minn. Stat.…

2Cases cited7 opinions

  1. Volt Info. Sciences, Inc. v. Bd. of Trustees of Leland Stanford Jr. U.Supreme Court of the United States · 1989
  2. Prima Paint Corp. v. Flood & Conklin Mfg. Co.Supreme Court of the United States · 1967
  3. Thayer v. American Financial Advisers, Inc.Supreme Court of Minnesota · 1982
  4. Atcas v. Credit Clearing Corporation of AmericaSupreme Court of Minnesota · 1972
  5. Michael-Curry Companies v. Knutson Shareholders Liquidating TrustSupreme Court of Minnesota · 1989

2 more not listed; retrieve them via the Exa API.

3Cited by4 opinions

  1. Shaffer v. JefferySupreme Court of Oklahoma · 1996
  2. Fouquette v. FIRST AM. NAT. SEC., INC.Court of Appeals of Minnesota · 1991
  3. Shaffer v. JefferySupreme Court of Oklahoma · 1996
  4. Sierra Lugo v. Sunrun PR Operations, LLC Y OtrosSupreme Court of Puerto Rico · 2026

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