MATTER OF ALLEN


130 A.D.2d 824 (1987)

In the Matter of the Arbitration between Douglas M. Allen, Appellant, and First Wallstreet Settlement Corporation, Respondent

Appellate Division of the Supreme Court of the State of New York, Third Department.

May 7, 1987


Harvey, J.

Respondent is a stock brokerage firm. Petitioner was a customer of respondent and its predecessor in interest. On June 12, 1979, respondent made a book entry which erroneously credited 400 shares of Dome Mines Limited stock to petitioner's account. On September 11, 1979, respondent delivered the 400 shares of Dome Mines stock to petitioner. Respondent became aware of its mistake in August 1984 and...

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