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PRUDENTIAL-BACHE SECURITIES, INC. v. CAPORALE

No. 86 Civ. 6136 (RLC).

664 F.Supp. 72 (1987)

PRUDENTIAL-BACHE SECURITIES, INC., Plaintiff, v. Anthony CAPORALE, Defendant.

United States District Court, S.D. New York.

April 6, 1987.

Attorney(s) appearing for the Case

Prudential-Bache Securities, Inc., New York City, for plaintiff; Joel E. Davidson, Garry Lischin, of counsel.

Novins, Farley, York, DeVincens & Pentony, P.A., Toms River, N.J., for defendant; Robert F. Novins, of counsel.

OPINION

ROBERT L. CARTER, District Judge.

In this diversity action, plaintiff Prudential-Bache Securities Inc. ("Pru-Bache") seeks to vacate a decision reached by a panel of arbitrators to whom the company had referred claims it alleged against defendant Anthony Caporale, a former employee. Presently before the court are the parties' cross-motions for summary judgment.

BACKGROUND

On or about June 1, 1984, Pru-Bache hired Caporale as an...

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