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KAPLAN v. FIRST OPTIONS OF CHICAGO, INC.

No. 92-1814.

19 F.3d 1503 (1994)

Manuel KAPLAN; Carol Kaplan; MK Investments, Inc., Appellants, v. FIRST OPTIONS OF CHICAGO, INC., Appellee.

United States Court of Appeals, Third Circuit.

Decided March 31, 1994.

Attorney(s) appearing for the Case

Donald L. Perelman (argued), Richard A. Koffman, Fine, Kaplan & Black, Philadelphia, PA, for appellants.

Stephen P. Bedell, Timothy G. McDermott (argued), Gardner, Carton & Douglas, Chicago, IL and Walter M. Einhorn, Jr., Ballard, Spahr, Andrews & Ingersoll, Philadelphia, PA, for appellee.

Before STAPLETON, MANSMANN and HUTCHINSON, Circuit Judges.

OPINION OF THE COURT

HUTCHINSON, Circuit Judge.

Appellants Manuel Kaplan, Carol Kaplan ("Kaplans"), and M.K. Investments, Inc. ("MKI"), appeal an order of the United States District Court for the Eastern District of Pennsylvania. It confirmed an arbitration award arbitrators appointed under the rules of the Philadelphia Stock Exchange ("the Exchange") had entered in favor of appellee First Options of Chicago, Inc. ("First Options").

The Kaplans argue...

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