Baker v. Wheat First Securities
District Court, S.D. West Virginia
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
HADEN, Chief Judge.
Pending before the Court are the cross motions for summary judgment made by the Defendant, Wheat First Securities (Wheat), and the Plaintiffs. Both motions have been well briefed and the Court now deems the same mature for decision.
I. Brief Background
This action arises out of the alleged defalcations of John K. Merical. Merical was employed as a stock broker by Defendant Wheat. During his employment, Don and Jane Baker, husband and wife, decided to open an account with Wheat. Having been solicited by Merical, their account was assigned to him. He…
2Cases cited42 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Stevens v. Howard D. Johnson Co.Court of Appeals for the Fourth Circuit · 1950
- The Johns Hopkins University v. William E. HuttonCourt of Appeals for the Fourth Circuit · 1970
- Fed. Sec. L. Rep. P 97,872 Lila A. Miley v. Oppenheimer & Company, Inc., Anthony L. Geller and John W. HamiltonCourt of Appeals for the Fifth Circuit · 1981
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- Ceres Partners v. GEL AssociatesCourt of Appeals for the Second Circuit · 1990
- Ceres Partners v. Gel AssociatesCourt of Appeals for the Second Circuit · 1990
- Roberson v. PaineWebber, Inc.Court of Civil Appeals of Oklahoma · 1999
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