Legal Opinion

Tripi v. Prudential Securities, Inc.

District Court, S.D. New York

Decided September 23, 2003No. 02 Civ. 6225(SAS)PublishedCited by 2 opinions

1Opinion of the Court

OPINION AND ORDER

SCHEINDLIN, District Judge.

Petitioner Rick Tripi moves pursuant to 9 U.S.C. §§ 9-10 to vacate an arbitration award (“the Award”) issued on May 2, 2002. Respondent Prudential Securities Incorporated (“Prudential”), in turn, cross-moves to confirm the Award. For the reasons stated below, this action is remanded to the arbitrators for clarification of the damages award. 1

I. FACTUAL AND PROCEDURAL BACKGROUND

A. Tripi’s Account

Tripi maintained an investment account (“the Account”) at Prudential starting in August 1998. See 6/20/03 Petition (“Pet.”) ¶ 10. The Account was managed by…

2Cases cited19 opinions

  1. Wilko v. SwanSupreme Court of the United States · 1953
  2. Duferco International Steel Trading v. T. Klaveness Shipping A/sCourt of Appeals for the Second Circuit · 2003
  3. Willemijn Houdstermaatschappij, Bv v. Standard Microsystems CorporationCourt of Appeals for the Second Circuit · 1997
  4. Westerbeke Corporation v. Daihatsu Motor Co., Ltd.Court of Appeals for the Second Circuit · 2002
  5. Folkways Music Publishers, Inc. v. George David Weiss, June Peretti, Luigi Creatore and Abilene Music Corp.Court of Appeals for the Second Circuit · 1993

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3Cited by2 opinions

  1. 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
  2. Twin Falls NSC, LLC v. Southern Idaho Ambulatory Surgery Center, LLCDistrict Court, D. Idaho · 2019

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