Legal Opinion

In re the Arbitration between Tamaron Investment, Inc. & Raia

New York Supreme Court

Decided January 18, 1996PublishedCited by 3 opinions

1Opinion of the Court

OPINION OF THE COURT

Stanley L. Sklar, J.

Petitioner, Tamaron Investments, Inc., moves to modify an arbitration award to the extent that it directed Tamaron to transfer 2,000 shares of Finger Matrix, Inc. (FMI) stock to the account of respondent Raymond J. Raia. Specifically, Tamaron requests that the number of shares awarded be reduced to 179 to reflect a recent reverse stock split. Raia cross-moves to confirm the award for the full 2,000 shares.

Raia commenced the underlying National Association of Securities Dealers arbitration proceeding against his stockbroker, Tamaron, claiming that…

2Cases cited6 opinions

  1. Hough v. Merrill Lynch, Pierce, Fenner & Smith, Inc.District Court, S.D. New York · 1991
  2. In re Arbitration between City of Troy & Village of MenandsAppellate Division of the Supreme Court of the State of New York · 1975
  3. Venables v. Painewebber, Inc.Appellate Division of the Supreme Court of the State of New York · 1994
  4. In re the Arbitration between LeombrunoAppellate Division of the Supreme Court of the State of New York · 1985
  5. Gaynor-Stafford Industries, Inc. v. Beaunit Corp.Appellate Division of the Supreme Court of the State of New York · 1978

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3Cited by3 opinions

  1. AIG Baker Sterling Heights, LLC v. American Multi-Cinema, Inc.Court of Appeals for the Eleventh Circuit · 2007
  2. Pine Street Associates, L.P. v. Southridge Partners, L.P.Appellate Division of the Supreme Court of the State of New York · 2013
  3. Pine Street Associates, L.P. v. Southridge Partners, L.P.Appellate Division of the Supreme Court of the State of New York · 2013

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