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VESTAX SECURITIES CORP. v. McWOOD

No. 99CV60704AA.

116 F.Supp.2d 865 (2000)

VESTAX SECURITIES CORPORATION, Plaintiff, v. Arthur B. MCWOOD, Defendant. Vestax Securities Corporation, Plaintiff, v. Archibald C. Montgomery, et al., Defendants.

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

July 24, 2000.

Attorney(s) appearing for the Case

William Holmes, Grand Rapids, MI, Melvin Moseley Jr., Grand Rapids, MI, Brian Masternak, Grand Rapids, MI, for plaintiff.

Anthony V. Trogan, Bingham Farms, MI, for defendant.

OPINION AND ORDER GRANTING DEFENDANTS' MOTIONS TO COMPEL ARBITRATION AND TO DISMISS

STEEH, District Judge.

Defendants are alleged clients of plaintiff securities brokerage firm Vestax Securities Corporation (Vestax). Vestax is a member of the National Association of Securities Dealers (NASD). Defendant-investors have initiated an arbitration claim against Vestax pursuant to NASD procedures arising out...

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