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MATTER OF PERKINS v. GRUNTAL & CO., INC.

198 A.D.2d 119 (1993)

603 N.Y.S.2d 466

In the Matter of Beryl W. Perkins et al., Appellants, v. Gruntal & Co., Inc., et al., Respondents

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

November 16, 1993

The IAS Court properly determined that there was no showing by clear and convincing evidence of misconduct in the appointment of the "securities panel" arbitrator (see, Matter of Dember Constr. Corp. [New York Univ.], 190 A.D.2d 537). New York Stock Exchange Guidelines for Classification of Arbitrators provide that "[i]ndividuals who have spent a substantial part of their business careers in the securities industry shall always...

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