George E. Fox, Allan J. Rupel, Plaintiffs-appellees, v. Dean Witter Reynolds, Inc., Defendant-appellant,andjason Zirkel, Defendant, 826 F.2d 1059 (4th Cir. 1987)Annotate this Case
Daryl Lloyd Williams (Thomas R. Gottshall, Boyd, Knowlton, Tate & Finlay, P.A., on brief), for appellant.
Earl Stirling Lathrop, III (Greenfield & Chimicles, Morris A. Ellison, Bust, Moore, Smythe & McGee, J. Rutledge Young, Jr., Young, Clements, Rivers and Tisdale, H. Brewton Hagood, Rosen, Rosen & Hagood, on brief), for appellees.
Before PHILLIPS and WILKINSON, Circuit Judges, and BOYLE, United States District Judge, sitting by designation.
This case was held in abeyance pending the Supreme Court's decision in Shearson/American Express, Inc. v. McMahon, 55 U.S.L.W. 4757 (U.S. June 8, 1987) (No. 86-44). On the basis of McMahon, the judgment of the district court is reversed and the action is remanded for entry of an order compelling arbitration of the federal securities law claims premised on Section 10(b) and Section 20 of the Securities and Exchange Act of 1934.
REVERSED AND REMANDED.