Wise v. Kidder Peabody & Co., Inc.

OPINION

LONGOBARDI, District Judge.

This case is a securities action in which the Plaintiff, Wendy W. Wise (“Mrs. Wise”), alleges that the Defendants, Kidder Peabody & Co., Incorporated (“Kidder Peabody”), and its broker, William H. McCoy, II (“McCoy”), are liable for violations of section 10(b), of the Securities Exchange Act of 1934, 15 U.S.C. § 78j and Delaware law. Jurisdiction arises under 15 U.S.C. § 78aa.

The ease is presently before the Court upon the Defendants’ motion for summary judgment on the securities act claim and, in the alternative, Defendants’ motion to compel arbitration.…