This section contains the nature of the case and procedural background.

P alleged that D wrongfully churned her account by engaging in excessive stock transactions on her behalf to generate brokerage commissions for their own gain. The complaint alleged many trades in detail and that P was close to retirement and had only AT&T stock acquired by her employment and that D induced her to engage in a series of transactions resulting in high brokerage fees and the loss of a large part of her capital. The complaint was made in considerable detail covering ten legal size pages. D moved for a more definite statement under Rule 9(b), 9(g), and 12(e).

The legal issues presented in this case will be displayed here.

The court's holding and decision will be displayed here.

Legal analysis from Dean's Law Dictionary will be displayed here.