Sidney H. Ingbar, M.D. v. Drexel Burnham Lambert Incorporated
Court of Appeals for the First Circuit
1Opinion of the Court
BREYER, Circuit Judge.
Dr. Sidney Ingbar, the plaintiff/appellee, is a professor at Harvard Medical School. In 1979, he opened an account with the defendant/appellant, a commodities brokerage firm called Drexel Burnham Lambert Incorporated (“Drexel”). When he opened the account, he signed Drexel’s two-page form account contract. That form contained a provision stating that Ingbar and Drexel would submit “any controversy” to arbitration (before either the American Arbitration Association or the Board of Arbitration of the New York Stock Exchange). The provision also stated in large bold type:
WHI…
2Cases cited14 opinions
- Scherk v. Alberto-Culver Co.Supreme Court of the United States · 1974
- Wilko v. SwanSupreme Court of the United States · 1953
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. CurranSupreme Court of the United States · 1982
- Pimpinello v. Swift & Co.New York Court of Appeals · 1930
- Fed. Sec. L. Rep. P 96,126 Henry and Elaine Weissbuch v. Merrill Lynch, Pierce, Fenner & Smith IncorporatedCourt of Appeals for the Seventh Circuit · 1977
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- Hagstrom v. BreutmanDistrict Court, N.D. Illinois · 1983
- Cook Chocolate Co. v. Salomon, Inc.District Court, S.D. New York · 1988
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