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DAVIS v. PRUDENTIAL SECURITIES, INC.

Nos. 93-4585, 93-4653.

59 F.3d 1186 (1995)

Richard A. DAVIS, Plaintiff-Appellee, v. PRUDENTIAL SECURITIES, INC. f/k/a Prudential-Bache Securities, Incorporated, Defendant-Appellant. Richard A. DAVIS, Plaintiff-Appellant, v. PRUDENTIAL SECURITIES, INC. f/k/a Prudential-Bache Securities, Incorporated, Defendant-Appellee.

United States Court of Appeals, Eleventh Circuit.

July 31, 1995.

Attorney(s) appearing for the Case

Brian D. Elias, Christopher L. Kurzner, Fowler, White, Burnett, Hurley, Banick & Strickroot, Miami, FL, Thomas J. Kavaler, Cahill Gordon & Reindel, New York City, for appellant in No. 93-4585 and appellee in No. 93-4653.

Keith E. Hope, Michael A. Hanzman, Hanzman & Criden, P.A., Miami, FL, for appellee in No. 93-4585 and appellant in No. 93-4653.

Before BIRCH and DUBINA, Circuit Judges, and JOHNSON, Senior Circuit Judge.

DUBINA, Circuit Judge:

Appellant Prudential Securities, Inc. ("PSI") appeals the district court's judgment confirming an award of punitive damages made by an arbitration panel to Appellee Richard A. Davis ("Davis"). PSI contends that the arbitrators lacked the authority to award punitive damages and that the confirmation of the punitive damages award violates its due process rights. Davis cross-appeals, arguing that the district court erred in confirming the arbitrators...

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