Chan v. Drexel Burnham Lambert, Inc.
California Court of Appeal
1Opinion of the Court
Opinion
KLEIN, P. J.
Defendants and appellants Drexel Burnham Lambert Incorporated (DBL) and Robert B. Zusman (Zusman) appeal from the denial of their petition to compel arbitration and motion for an order staying proceedings pending arbitration of their controversy with plaintiff and respondent Adora K. Chan (Chan).
Because the arbitration clause was not incorporated by reference into Chan’s application form, the order is affirmed.
Factual and Procedural Background
Chan was employed as a stockbroker by DBL, a securities brokerage firm, of which Zusman is an executive. As a condition of her…
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