Prudential-Bache Securities, Inc. v. U.S. Optical Frame Co.

JORGENSON, Judge.

These consolidated appeals arise from claims brought by investors against a bro*794kerage firm and two of its employees for alleged fraudulent misrepresentations and omissions in connection with the purchase of securities. We affirm in part and reverse in part the trial court’s orders on motions to compel arbitration.

The following facts are relevant to our disposition of these appeals. In 1979, Steven and Susan Lipawsky opened a money market account, number 13381-06, with Prudential-Bache Securities, Inc. The arbitration clause in the agreement which the Lipawskys signed to open…