Boulet v. Bangor Securities Inc.
District Court, D. Maine
1Opinion of the Court
MEMORANDUM DECISION AND ORDER ON DEFENDANT BANGOR SECURITIES INCORPORATED’S MOTION TO DISMISS OR TO STAY AND COMPEL ARBITRATION
HORNBY, District Judge.
The issue in this lawsuit is whether a Client’s Margin Agreement obligates brokerage customers to arbitrate disputes with the brokerage firm. Arbitrability hinges on the scope of the term “broker” as used in the Agreement: Does it mean only an individual stock broker or does it include the brokerage firm for which he works? I conclude that the term has broad meaning and that the customers agreed to arbitrate disputes with the brokerage firm.…
2Cases cited19 opinions
- First Options of Chicago, Inc. v. KaplanSupreme Court of the United States · 1995
- Greenfield v. Philles Records, Inc.New York Court of Appeals · 2002
- Par-Knit Mills, Inc. v. Stockbridge Fabrics Company, Ltd.Court of Appeals for the Third Circuit · 1980
- Intergen N v. v. GrinaCourt of Appeals for the First Circuit · 2003
- Doctor's Associates, Inc. v. Emily DistajoCourt of Appeals for the Second Circuit · 1997
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- Sternklar v. Heritage Auction Galleries, Inc. (In Re Rarities Group, Inc.)District Court, D. Massachusetts · 2010
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