Newburger v. Sharp

LSOL GOTHARD, Judge.

Plaintiff, F. Kirby Newburger, appeals from a decision of the trial court denying his exception of prescription to pending arbitration. We affirm the decision of the trial court.

*542Defendants filed arbitration proceedings before the National Association of Securities Dealers against plaintiff, alleging misdeeds in his capacity as securities broker and as trustee. Plaintiff sought injunctive relief to prevent arbitration against him, alleging that he acted only as trustee, and he never agreed to arbitration, therefore defendants’ recourse was through judicial means only. The…