Legal Opinion
Ballay v. Legg Mason Wood Walker, Inc.
Court of Appeals for the Third Circuit
Decided June 29, 1989No. 89-1042PublishedCited by 44 opinions
1Opinion of the Court
OPINION OF THE COURT
ROSENN, Circuit Judge.
This appeal presents a question of considerable current interest in the marketplace, whether a federal court may refuse to compel final and binding arbitration of a security customer’s claims under the Securities Act of 1933 where the customer and the broker have entered into an agreement providing that disputes arising “under the federal securities laws” need not be arbitrated but could be litigated in the courts. Plaintiffs are investors who held trading accounts with defendant Legg Mason Wood Walker, Inc. (Legg Mason), a securities broker. After…
2Cases cited19 opinions
- Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
- Dandridge v. WilliamsSupreme Court of the United States · 1970
- Mitsubishi Motors Corp. v. Soler Chrysler-Plymouth, Inc.Supreme Court of the United States · 1985
- Volt Info. Sciences, Inc. v. Bd. of Trustees of Leland Stanford Jr. U.Supreme Court of the United States · 1989
- Dean Witter Reynolds Inc. v. ByrdSupreme Court of the United States · 1985
14 more not listed; retrieve them via the Exa API.
3Cited by44 opinions
- Jack Ehleiter v. Grapetree Shores, Inc.Court of Appeals for the Third Circuit · 2007
- Ballay v. Legg Mason Wood Walker, Inc.Court of Appeals for the Third Circuit · 1991
- Fannie Harrison v. Nissan Motor Corporation in U.S.A.Court of Appeals for the Third Circuit · 1997
- Fed. Sec. L. Rep. P 95,610 Joe Goldberg v. Bear, Stearns & Co., Inc., and Michael S. GorinskyCourt of Appeals for the Eleventh Circuit · 1990
- United Offshore Company v. Southern Deepwater Pipeline CompanyCourt of Appeals for the Fifth Circuit · 1990
39 more not listed; retrieve them via the Exa API.