ORDER
ALSOP, Chief Judge.
The above-entitled matter came before the court on February 14, 1991, on the motion of the defendants Piper Jaffray & Hopwood, Inc. ("Piper Jaffray"), Piper Realty Management, Inc. ("Piper Realty"), and F. Patrick Brown pursuant to the Federal Arbitration Act, 9 U.S.C. §§ 1-15, to compel arbitration of all claims, and to stay the instant litigation pending arbitration.
I. FACTUAL BACKGROUND
A.
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