Fed. Sec. L. Rep. P 95,610 Joe Goldberg v. Bear, Stearns & Co., Inc., and Michael S. Gorinsky
Court of Appeals for the Eleventh Circuit
1Per curiam
Defendants Bear Stearns & Co. and Michael S. Gorinsky appeal the district court’s denial of their motion to compel arbitration of the plaintiffs federal securities claims. We affirm on the ground that the contract between the parties preserves the customer’s right to pursue such claims in federal court.
This case turns on the interpretation of the arbitration provision in the Customer Agreement which the plaintiff, Joe Goldberg, signed in December 1985, when he opened an investment account with Bear Stearns. The form agreement set out the method by which the parties would settle disputes. In…
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