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ADVEST, INC. v. McCARTHY

No. 90-1354.

914 F.2d 6 (1990)

ADVEST, INC., Plaintiff, Appellant, v. Patrick McCARTHY, Defendant, Appellee.

United States Court of Appeals, First Circuit.

Decided September 7, 1990.

Attorney(s) appearing for the Case

James L. Ackerman, with whom Katherine E. Perrelli, and Day, Berry & Howard, Boston, Mass., were on brief for plaintiff, appellant.

Leonard F. Zandrow, Jr., with whom Richard L. Neumeier, Vincent M. Amoroso, B. Deidre Brennan, and Parker, Coulter, Daley & White, Boston, Mass., were on brief for defendant, appellee.

Before SELYA and CYR, Circuit Judges, and RE, Judge.

SELYA, Circuit Judge.

Patrick McCarthy's stock went up when an arbitral decision came down against Advest, Inc., a brokerage house. Advest moved in federal district court to vacate the award, but the court refused because the motion "does no more than allege an erroneous result, which does not support an inference of any of the circumstances authorizing the vacation of an award contained in 9 U.S.C. § 10."1 Advest appeals, arguing...

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