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STRATTON OAKMONT, INC. v. GOLDSTEIN

No. 92-2432.

615 So.2d 183 (1993)

STRATTON OAKMONT, INC., Jordan Belfort, and Steven Cohen, Appellants, v. Jeff GOLDSTEIN, Appellee.

District Court of Appeal of Florida, Third District.

March 2, 1993.

Attorney(s) appearing for the Case

Fowler, White, Burnett, Hurley, Banick & Strickroot, Steven D. Sandler, and Ronald D. Shindler, Miami, for appellants.

Gilbride, Heller & Brown, and Dyanne E. Feinberg, Miami, for appellee.

Before SCHWARTZ, C.J., and LEVY and GERSTEN, JJ.

PER CURIAM.

Appellants, Stratton Oakmont, Inc., Jordan Belfort, and Steven Cohen, collectively (Stratton), appeal an order denying a motion to compel arbitration and to stay action. We reverse.

Appellee, Jeff Goldstein (Goldstein), invested in securities through Stratton, a stock brokerage firm. Stratton was the "introducing broker" for Goldstein's account, while Bear Stearns & Company (Bear Stearns) was the "clearing broker". The "introducing broker"...

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