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KALINICH v. NEW YORK STOCK EXCH., INC.

208 A.D.2d 396 (1994)

618 N.Y.S.2d 205

George Kalinich, Respondent, v. New York Stock Exchange, Inc., Respondent, and Sharon Kalin, Appellant

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

October 11, 1994

Contrary to co-respondent's contention, review of the record reveals that the arbitrators' award referred to the total amount of damages suffered by the brokerage account held by petitioner and his wife. Further, the IAS Court properly found that the arbitrators did not exceed their authority in so doing. Moreover, there is no record support for co-respondent's alternate claim that petitioner was impermissibly awarded punitive damages...

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