Gary H. Silverberg, Carol B. Silverberg v. Thomson McKinnon Securities, Inc. Michael Morton

WELLFORD, Circuit Judge.

Plaintiffs Gary and Carol Silverberg appeal from a memorandum opinion and order of the district court granting judgment in favor of defendants Thomson McKinnon Securities, Inc. (Thomson) and its employee, Michael Morton. Plaintiffs alleged that the defendants fraudulently induced them to speculate in the options market and then mishandled their accounts. Plaintiffs appeal from the dismissal of their claims under the Securities Exchange Act of 1934 (Exchange Act) and the Racketeer Influenced and Corrupt Organizations Act (RICO).

Defendant Thomson employed defendant…