Maltz v. Smith Barney, Inc.

The plaintiffs appeal from a judgment entered in the Superior Court, dismissing their application to modify or to vacate an arbitration award brought pursuant to G. L. c. 251, §§ 12 and 13 (Uniform Arbitration Act for Commercial Disputes). We transferred the matter here on our own motion and affirm.

*561The plaintiffs brought an arbitration proceeding against the defendants before the National Association of Securities Dealers. On July 25, 1994, the arbitrators awarded the plaintiffs $11,798 in damages, which they revised the next day to $29,581.50.5 The plaintiffs requested further modification…