Weber v. Merrill Lynch Pierce Fenner & Smith, Inc.

MEMORANDUM OPINION AND ORDER

FITZWATER, District Judge.

Plaintiffs move to vacate an arbitration award based on allegations of evident partiality and arbitrator misconduct. For the reasons that follow, the court denies the motion.

I

Plaintiffs Arnold and Maureen Weber, The Weber Family Trust, Adam Joseph Weber Trust, Nicholas Arman Weber Trust, and Zachary M. Weber Trust (collectively, “the Webers”) filed an arbitration complaint with the New York Stock Exchange (“NYSE”) against defendant Merrill Lynch, Pierce, Fenner & Smith, Inc. (“Merrill Lynch”). They alleged that Merrill Lynch had made…