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BROWN v. RAUSCHER PIERCE REFSNES, INC.

No. 91-376-CIV-T-17(A).

765 F.Supp. 1082 (1991)

David BROWN and Rita Brown, Plaintiffs, v. RAUSCHER PIERCE REFSNES, INC.; William H. Brashears, Defendants.

United States District Court, M.D. Florida, Tampa Division.

June 19, 1991.

Attorney(s) appearing for the Case

Stanley Theodore Padgett, Trenam, Simmons, Kemker, Scharf, Barkin, Frye & O'Neill, P.A., Tampa, Fla., for plaintiffs.

Bruce W. Collins, Carrington, Coleman, Sloman & Blumenthal, Dallas, Tex., for defendants.

ORDER

KOVACHEVICH, District Judge.

This cause is before the court on Plaintiffs' motion to vacate or modify an arbitration award before the New York Stock Exchange (NYSE).

The arbitration panel awarded $16,000 in damages and $4,000 in forum fees to Plaintiffs without explanation. This has led to sharp dispute between the parties. Plaintiffs contend that the award ignores the statutory damages formulas provided for their claim under Fla.Stat. §...

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