Cohen v. UBS Financial Services Inc.

DENNIS JACOBS, Circuit Judge:

Eliot Cohen, a financial advisor employed by UBS Financial Services, Inc. (“UBS”), consented by contract to arbitrate “claims concerning compensation, benefits or other terms or conditions of employment” before the Financial Industry Regulatory Authority (“FINRA”), and to waive “any right to commence, be a party to or an actual or putative class member of any class or collective action arising out of or relating to [his] employment with UBS.”

Cohen nevertheless initiated a putative class and collective action against UBS, asserting wage-and-hour claims under the…