Securities Industry Arbitrations and Litigation Update: Second Circuit Affirms Southern District of New York’s Denial of Investment Banker’s Motion to Vacate FINRA Arbitration Award for the Arbitration Panel’s Alleged “Manifest Disregard of the Law”
By EsqSocial Corporation 29/06/21
In Jefferies LLC v Gegenheimer, the Second Circuit reminded prospective FINRA arbitration litigants of the high burden in court to vacate an unsatisfactory arbitration award issued by a panel of arbitrators....
By: Troutman Pepper