Renard v. Ameriprise Financial Services, Inc.

WOOD, Chief Judge.

At the time Ameriprise Financial Services fired Paul J. Renard, one of its financial advisers, Ameriprise took the position that Renard owed it money. Renard did not agree, and so Ameriprise initiated arbitration to resolve .the issue. At the arbitration, Renard denied that he had any debts to Ameriprise and filed several counterclaims against the firm. The arbitrators rejected Renard’s counterclaims and awarded Ameriprise most of what it sought.

Renard did not accept the panel’s decision; instead, he filed suit in state court to vacate the award. Ameriprise removed the…