STOKES v. MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.

No. 74-2076.

523 F.2d 433 (1975)

John L. STOKES and L. Jack Powell, Plaintiffs-Appellants, v. MERRILL LYNCH, PIERCE, FENNER & SMITH, INC., Defendant-Appellee.

United States Court of Appeals, Sixth Circuit.

Decided September 30, 1975.


Attorney(s) appearing for the Case

Hal Gerber, Gerber & Gerber, Memphis, Tenn., for plaintiffs-appellants.

Jesse E. Johnson, Jr., Burch, Porter & Johnson, Memphis, Tenn., for defendant-appellee.

Before WEICK, CELEBREZZE and ENGEL, Circuit Judges.


ENGEL, Circuit Judge.

At issue in this appeal is whether the district court correctly applied the United States Arbitration Act of 19251 to stay proceedings pending arbitration in an action for amounts allegedly owed plaintiffs under a profit sharing plan initiated by plaintiffs' former employer, and for declaratory judgment that a portion of that profit sharing plan is void under Tennessee law. We conclude that the Arbitration Act was...

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