Jack B. Cohen, Betty L. Cohen v. Wedbush, Noble, Cooke, Inc.
Court of Appeals for the Ninth Circuit
1Opinion of the Court
KOZINSKI, Circuit Judge:
We consider the enforceability of an agreement to arbitrate claims arising out of a stock margin purchase agreement.
Background
On October 13, 1986, plaintiffs Jack B. and Betty L. Cohen entered into a Customer’s Margin Account Agreement with defendant Wedbush, Noble, Cook, Inc., a stock brokerage firm. The margin agreement provided that Wedbush would loan money to the Cohens to finance the purchase of securities, and required the Co-hens to maintain certain securities as collateral for the repayment of those loans. The agreement further provided that “all controversies…
2Cases cited20 opinions
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- Southland Corp. v. KeatingSupreme Court of the United States · 1984
- Shearson/American Express Inc. v. McMahonSupreme Court of the United States · 1987
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- Three Valleys Municipal Water District v. E.F. Hutton & Co.Court of Appeals for the Ninth Circuit · 1991
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