Nexsen v. New York Stock Exchange

In an action by a limited partner of a securities brokerage firm, to recover moneys and securities and for damages and an accounting, the defendant New York Stock Exchange appeals from an order of the Supreme Court, Nassau County, entered August 28, 1964, which denied its motion to dismiss the complaint on the ground that it fails to state a cause of action as against the Exchange; or in the alternative, for summary judgment (CPLR 3211, suhd. [a], par, 7; subd. [e]). Order reversed, with $10 costs and disbursements; motion granted; and complaint, as against the defendant New York Stock…