Abdelnour v. Merrill Lynch, Pierce, Fenner & Smith, Inc.

Kaplan, Mitchell H., J.

The above captioned plaintiffs (the “Plaintiffs”) have filed a complaint in which they request that the court vacate an arbitration award adverse to them rendered by a FINRA Dispute Regulation, Inc. (“FINRA”) arbitration panel.4 The Plaintiffs’ complaint will be treated as a motion to vacate. For the reasons that follow, that motion is DENIED and FINRA’s decision is AFFIRMED.

BACKGROUND

On April 11 2008, the Plaintiffs filed a statement of claim with FINRA against Merrill Lynch, Pierce, Fen-ner & Smith, Inc. (“Merrill Lynch”), as successor in interest to Advest, Inc.…