NJ High Court Mulls Reach Of Arbitration In Stock Sale Fight

Law360, New York (May 13, 2013, 4:33 PM EDT) -- Investors bound to arbitrate with their stockbroker over the sale of defaulted securities should still be able to sue other, closely related financial and accounting entities that weren't parties to that agreement, an attorney argued Monday before the New Jersey Supreme Court.

Plaintiffs Michael and Robyn Hirsch and Hirsch LLP are hoping the justices will overturn lower court rulings that would force them to arbitrate their claims against Amper Financial Services LLC and EisnerAmper LLP because of a customer agreement with broker-dealer Securities America Inc....
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