Shochet Securities, Inc. v. First Union Corp.

ORDER

GONZALEZ, District Judge.

THIS CAUSE has come before the court upon the defendant’s ore tenus motion for summary judgment. The court heard oral argument on the motion on May 21, 1987.

This is an action to recover a broker’s or finder’s fee. In December 1983, plaintiff Shochet Securities, Inc. (“Shochet”) arranged for defendant First Union Corporation to purchase a discount brokerage company, Dis-Com Securities, Inc. First Union did purchase Dis-Com. Plaintiff is now suing to recover a broker’s or finder’s fee.

The defendant has moved for summary judgment in order to clarify the application…