Fed. Sec. L. Rep. P 98,943 Merrill Lynch, Pierce, Fenner & Smith, Inc. And Sam Alberico v. Stanley F. Jaros
Court of Appeals for the Sixth Circuit
1Opinion of the Court
HOOD, District Judge.
Merrill Lynch, Pierce, Fenner & Smith, Inc. [Merrill Lynch] and Sam Alberico [Al-berico] appeal an arbitration award against them contending that the arbitration panel acted in “manifest disregard of the law” that governs the timeliness of federal and state common law claims arising from its administration of Stanley Jaros’ accounts. The district court confirmed the award holding that the arbitrators did not demonstrate the manifest disregard necessary to vacate. We agree and affirm.
I
From 1987 to 1990, Stanley Jaros maintained accounts at the Cleveland branch of Merrill…
2Cases cited9 opinions
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- Wilko v. SwanSupreme Court of the United States · 1953
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- Robbins v. DayCourt of Appeals for the Eleventh Circuit · 1992
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