Bache Halsey Stuart Shields, Inc. v. Erdos
Court of Appeals of Washington
1Opinion of the CourtCallow, J.
Eugene Erdos appeals from a judgment which granted Bache Halsey Stuart Shields, Inc. (Bache), $40,628.19 in damages for a commodity futures account deficit and which dismissed the consolidated claim brought by Erdos against Bache.
The issues presented are:(1) Whether the violation of certain rules and regulations of the National Association of Securities Dealers, the Chicago Mercantile Exchange, and the Commodity Futures Trading Commission, in connection with the opening, management, and liquidation of a nondiscretionary commodity futures account, exempts a client from all liability for trades…
2Cases cited22 opinions
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. CurranSupreme Court of the United States · 1982
- Brown v. Safeway Stores, Inc.Washington Supreme Court · 1980
- Chicago Mercantile Exchange v. DeaktorSupreme Court of the United States · 1973
- Fed. Sec. L. Rep. P 95,847 Utah State University of Agriculture and Applied Science v. Bear, Stearns & Co.Court of Appeals for the Tenth Circuit · 1977
- Goodman v. H. Hentz & Co.District Court, N.D. Illinois · 1967
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3Cited by3 opinions
- Hand v. Dean Witter Reynolds Inc.Court of Appeals of Texas · 1994
- Fed. Sec. L. Rep. P 95,263 Thomson McKinnon Securities, Inc. v. Emory L. ClarkCourt of Appeals for the Eleventh Circuit · 1990
- Saul Stone & Co. v. BrowningDistrict Court, N.D. Illinois · 1985