Connelly v. Dun & Bradstreet, Inc.

MEMORANDUM OF DECISION

ZOBEL, D.J.

Plaintiffs are named onetime customers of Lloyd, Carr & Co., (hereinafter “Lloyd, Carr”), who contracted for the purchase of commodity options, and, in reliance upon those contracts remitted various sums of money to'Lloyd, Carr. That corporation and its officers subsequently befell criminal prosecution for violations of the Commodity Futures Trading Commission Act of1974,5 U.S.C. § §5108, 5 314, et seq., and 7U.S.C.§82etseq. and in addition, various fraud provision proceedings in bankruptcy. The bankruptcy proceedings are still underway. See, In re: Lloyd Carr…