Legal Opinion
Max Marx Color & Chemical Co. Employees' Profit Sharing Plan v. Barnes
District Court, S.D. New York
Decided January 21, 1999No. 98 Civ. 7652(LAK)PublishedCited by 8 opinions
1Opinion of the Court
MEMORANDUM OPINION
KAPLAN, District Judge.
This case calls upon the Court to determine whether an arbitration award should be vacated due to alleged misconduct and manifest disregard of the law by a National Association of Securities Dealers, Inc. (“NASD”) arbitration panel.
Facts
In March 1997, Max Marx Color & Chemical Co. Employees Profit Sharing Plan (the “Plan”) 1 commenced an arbitration before the NASD seeking damages that allegedly resulted from losses in its securities account handled by Milton R. Barnes. The claim named Barnes along with the various brokerage firms at which Barnes was…
2Cases cited21 opinions
- United Steelworkers v. Enterprise Wheel & Car Corp.Supreme Court of the United States · 1960
- United Paperworkers International Union v. Misco, Inc.Supreme Court of the United States · 1987
- John C. Norton v. Sam's Club, Wal-Mart Corp., Wal-Mart Stores, Inc.Court of Appeals for the Second Circuit · 1998
- DiRussa v. Dean Witter Reynolds Inc.Court of Appeals for the Second Circuit · 1997
- Willemijn Houdstermaatschappij, Bv v. Standard Microsystems CorporationCourt of Appeals for the Second Circuit · 1997
16 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Polin v. Kellwood Co.District Court, S.D. New York · 2000
- In Re Arbitration Between Interdigital Communications Corp.District Court, S.D. New York · 2007
- Americredit Financial Services, Inc. v. Oxford Management ServicesDistrict Court, E.D. New York · 2008
- F. Hoffmann-La Roche Ltd. v. Qiagen Gaithersburg, Inc.District Court, S.D. New York · 2010
- Warren v. TacherDistrict Court, W.D. Kentucky · 2000
3 more not listed; retrieve them via the Exa API.