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SOBEL v. HERTZ, WARNER & CO.

No. 71 Civ. 3534.

338 F.Supp. 287 (1971)

In the Matter of the Arbitration between Herbert SOBEL, Petitioner, v. HERTZ, WARNER & CO., Respondent.

United States District Court, S. D. New York.

On Motion for Reargument December 27, 1971.

Attorney(s) appearing for the Case

Spear & Hill, New York City, for petitioner; by Francis E. Lake, Jr., New York City, of counsel.

Willkie, Farr & Gallagher, New York City, for respondent; by Mark F. Hughes, and Jack David, New York City, of counsel.

OPINION

POLLACK, District Judge.

Petitioner seeks to vacate an arbitration award, pursuant to Section 10 of the Federal Arbitration Act, 9 U.S.C. § 10 (1971), on the ground that the award completely disregards petitioner's rights under the applicable provisions of the federal securities laws. It is argued that the arbitration panel's dismissal of petitioner's claims against respondent was thus procured by...

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