National Foundation for Cancer Research v. A.G. Edwards & Sons, Inc., Harold T. Hedges
Court of Appeals for the D.C. Circuit
1Opinion of the Court
MIKVA, Circuit Judge:
Claiming unlawful handling of its securities margin account, National Foundation for Cancer Research (NFCR) brought suit against appellant, A.G. Edwards & Sons, Inc. (Edwards), alleging federal securities, RICO, and pendent common law claims. Over three years later, Edwards moved to compel arbitration of NFCR’s non-federal securities law claims and for a stay of proceedings pending arbitration. When the district court denied the motion, holding that Edwards had waived its right to arbitrate by actively participating in the lawsuit, this interlocutory appeal followed. We…
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