Court of Appeals of Minnesota February 14, 1995, C1-94-1040 (Dahl v. Charles Schwab & Co., Inc.)

OPINION

AMUNDSON, Judge.

Appellants challenge the district court’s grant of summary judgment, arguing (1) that their claims are not preempted by federal securities law, and (2) that the Securities and Exchange Commission does not have primary jurisdiction. We reverse and remand.

FACTS

Respondent Charles Schwab & Co., Inc. (Schwab) is a discount securities brokerage firm.