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SHELDON CO. PROFIT SHARING PLAN AND TRUST v. SMITH

No. 1:92-CV-189.

858 F.Supp. 663 (1994)

SHELDON COMPANY PROFIT SHARING PLAN AND TRUST, et al., Plaintiffs, v. Michael K. SMITH, et al., Defendants.

United States District Court, W.D. Michigan, Southern Division.

April 21, 1994.

Attorney(s) appearing for the Case

Peter W. Steketee, Peter N. Rigas, Grand Rapids, MI, for plaintiffs.

Grant J. Gruel, Gruel, Mills, Nims & Pylman, William C. Reens, Borre, Peterson, Fowler & Reens, PC, Grand Rapids, MI, Gary M. Saretsky, Hertz, Schram & Saretsky, PC, Bloomfield Hills, MI, Boyd A. Henderson, Gordon J. Quist, James R. Peterson, Miller, Johnson, Snell & Cummiskey, D. Scott Stuart, Farr & Oosterhouse, Thomas M. Weibel, Smith, Haughey, Rice & Roegge, PC, Grand Rapids, MI, Bradley J. Schram, Gary M. Saretsky, Dana Donohue, Hertz, Schram & Saretsky, PC, Bloomfield Hills, MI, for defendants.

OPINION RE PENDING MOTIONS

HILLMAN, Senior District Judge.

I. INTRODUCTION

Presently before the court is a motion by defendants Oppenheimer & Altman to enjoin, dismiss or stay arbitration claims presently pending before a National Association of Securities Dealers, Inc. ("NASD") arbitration panel ("arbitrators").

Plaintiffs had previously sued in this court Oppenheimer & Altman, along with others, seeking damages for...

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