The Gms Group, LLC and Joseph Costa v. Nathan Benderson

OAKES, Senior Circuit Judge.

The GMS Group, LLC, a securities broker-dealer, and its employee, Joseph Costa (hereinafter collectively “GMS”), appeal from a judgment of the United States District Court for the Western District of New York, John T. Curtin, Judge, confirming the arbitration award of a panel of National Association of Securities Dealers (“NASD”) arbitrators, made without written opinion, in favor of Nathan Benderson, a customer of GMS and Costa. GMS argues that the district court applied an improper standard of review to the award. It also argues that, regardless of the standard…