Blow v. Shaughnessy

EAGLES, Judge.

The issue in this case is whether it was proper for the Superior Court to deny the defendants’ motions to stay proceedings in the trial court pending arbitration of the matters raised in plaintiffs’ complaint. We hold that it was.

I

The underlying suit here involves a group of investors, plaintiffs, who are suing the person to whom they allegedly entrusted their money, defendant Shaughnessy, along with three national stock brokerage firms and named individual securities dealers employed by those firms. The complaint alleges that defendant Shaughnessy and the individual securities…