Legal Opinion

Fromm v. ING FUNDS DISTRIBUTOR, LLC

District Court, S.D. New York

Decided May 24, 2007No. 07 Civ. 1398(SHS)Published

1Opinion of the Court

OPINION AND ORDER

STEIN, District Judge.

Stuart Fromm has petitioned this Court to modify an arbitration award dated December 5, 2006, in which a National Association of Securities Dealers (“NASD”) arbitration panel resolved a dispute between Fromm and his former employer, ING Funds Distributor, Inc. (“ING”), and five ING employees. The arbitration panel found in petitioner’s favor and awarded him $42,500, but Fromm asserts that the panel’s award should be modified — specifically, the amount he was awarded should be substantially increased — because it is (1) in manifest disregard of the law,…

2Cases cited11 opinions

  1. United Paperworkers International Union v. Misco, Inc.Supreme Court of the United States · 1987
  2. D.H. Blair & Co. v. GottdienerCourt of Appeals for the Second Circuit · 2006
  3. DiRussa v. Dean Witter Reynolds Inc.Court of Appeals for the Second Circuit · 1997
  4. Duferco International Steel Trading v. T. Klaveness Shipping A/sCourt of Appeals for the Second Circuit · 2003
  5. Michael E. Wallace, David Jacaruso and Joseph Scotti v. Daljit S. Buttar and Paramjit Buttar, Robert Winston, AdditionalCourt of Appeals for the Second Circuit · 2004

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