PRUDENTIAL-BACHE SECURITIES v. SHUMAN

Nos. 85-2032, 85-2059.

483 So.2d 888 (1986)

PRUDENTIAL-BACHE SECURITIES, INC., F/K/a Bache, Halsey, Stuart, Shield, Inc. and John D. Pavlus, Appellants, v. Terry Lynn SHUMAN, Appellee.

District Court of Appeal of Florida, Third District.

March 4, 1986.


Attorney(s) appearing for the Case

Fowler, White, Burnett, Hurley, Banick & Strickroot & Curtis Carlson, Miami, for appellants.

Joe N. Unger; Barbakoff, Fleitman & Schwartz, Miami, for appellee.

Before SCHWARTZ, C.J., and NESBITT and FERGUSON, JJ.


PER CURIAM.

The defendants appeal a final judgment approving an arbitration award. We affirm.

The plaintiff filed a multi-count complaint in circuit court against the defendants, a stock brokerage and investment banking firm and one of its stockbrokers, seeking damages for the stockbroker's investment of the plaintiff's money in unsuitable securities and his pursuit of a risky investment scheme. By stipulation of the parties, the matter was submitted to arbitration...

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