Anshen

Anshen v. Jefferies & Company, Inc.

Good Law
925 F.2d 1469
United States Court of Appeals for the Ninth CircuitFebruary 21, 199136-3_1California1,608 words

Opinion

Opinion

925 F.2d 1469 Unpublished Disposition NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel. Charles W. ANSHEN, Plaintiff-Appellant, v. JEFFERIES & COMPANY, INC. Defendant-Appellee. No. 89-56167. United States Court of Appeals, Ninth Circuit. Submitted Dec. 3, 1990. * Decided Feb. 21, 1991. Before WILLIAM A. NORRIS, CYNTHIA HOLCOMB HALL and DAVID R. THOMPSON, Circuit Judges. 1 MEMORANDUM ** 2 Charles Anshen appeals denial of his motion to vacate an arbitration award. We have jurisdiction pursuant to 18 U.S.C. Sec. 1291 and we affirm. 3 * On January 3, 1984, Charles Anshen ordered 100,000 shares of Braniff International Corporation from defendant stockbroker Jefferies & Co. Although Jefferies purchased the shares and credited them to Anshen's account on January 12, 1984, it was unable to immediately deliver the certificates. 4 Braniff Corp. had been in a Chapter 11 bankruptcy reorganization proceeding since May 1982. From June through September 1983, it was widely…

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