Legal Opinion
Letizia v. Prudential Bache Securities, Inc.
Court of Appeals for the Ninth Circuit
Decided October 21, 1986No. 85-2278PublishedCited by 84 opinions
1Opinion of the Court
CANBY, Circuit Judge:
Richard Letizia appeals the district court’s dismissal of his action for fraud and violation of the securities laws against Prudential Bache Securities and its employees Peter Kwee and Melvin Selbst. In dismissing the complaint, the district court also granted Bache’s motion to compel arbitration of the dispute pursuant to the brokerage agreement between Bache and Letizia.
In May 1982, Letizia opened a securities account with Bache. At that time, he signed the firm’s standard Customer Agreement, which provided, in part, for the arbitration of any dispute arising out of or…
2Cases cited19 opinions
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- Prima Paint Corp. v. Flood & Conklin Mfg. Co.Supreme Court of the United States · 1967
- Dean Witter Reynolds Inc. v. ByrdSupreme Court of the United States · 1985
- Wilko v. SwanSupreme Court of the United States · 1953
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3Cited by84 opinions
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- Arnold v. Arnold Corp.-Printed Communications for BusinessCourt of Appeals for the Sixth Circuit · 1990
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