Oppenheimer v. Prudential Securities Inc.
Court of Appeals for the Fifth Circuit
1Opinion of the Court
ROBERT M. PARKER, Circuit Judge:
FACTS
In March of 1987, Kaye B. Oppenheimer (“Oppenheimer”), opened an account with Thomson McKinnon Securities (“TMS”). Robert E. Green 1 (“Green”), served as Oppenheimer’s stockbroker whde her account was maintained at TMS. After opening the account with TMS, Oppenheimer purchased approximately 11 separate securities over a two-year period.
On or about July 17, 1989, TMS and Prudential Securities Incorporated (“Prudential”) entered into an asset purchase agreement (the “Asset Purchase Agreement”), to be effective on or about September 22, 1989. In that…
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