Brozo v. Shearson Lehman Hutton, Inc.

OPINION

KENNEDY, Justice.

James Brozo appeals the grant of summary judgment to Shearson Lehman Hutton, Inc. confirming an arbitration awai’d to Shearson. We affirm.

Brozo began working for Shearson 1 on September 21, 1987, pursuant to a letter agreement. As part of the agreement, Shearson loaned Brozo $21,000, agreeing to forgive one-third of the principal annually if Brozo remained employed by Shearson. Brozo agreed in his application for securities industry registration or transfer to arbitrate disagreements with Shearson; he consented in the letter agreement to arbitrate such disputes…