Rocz v. Drexel Burnham Lambert, Inc.

OPINION

CORCORAN, Judge.

We consider whether the superior court properly denied the motion by Drexel Bum-ham Lambert, Incorporated (Drexel) to compel arbitration of the federal-securities, state-statutory, and common-law claims of appellee Susan Ward Rocz (Rocz).

In light of the Supreme Court’s recent decision in Shearson/American Express, Inc. v. McMahon, 482 U.S.-, 107 S.Ct. 2332, 96 L.Ed.2d 185 (1987), we reverse as to both the federal and state law claims.

1. Facts

Rocz opened an account with Drexel to purchase and sell securities. Rocz agreed that any controversy arising out of her securities…