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CARD v. STRATTON OAKMONT, INC.

No. 3-95-1055.

933 F.Supp. 806 (1996)

Joseph Daniel CARD, Petitioner, v. STRATTON OAKMONT, INC., Eric Blumen, Ira Albert Boshnack, and Irving Stitsky, Respondents.

United States District Court, D. Minnesota, Third Division.

July 8, 1996.

Attorney(s) appearing for the Case

Gregory L. Wilmes, and Mark Briol, for Petitioner.

Thomas F. Nelson, and Martin P. Unger, for Respondents.

ORDER

DAVIS, District Judge.

An arbitration panel awarded Petitioner Joseph Card, $1,552,200.86 in compensatory damages against Respondents on November 13, 1995. The claims asserted against Respondents considered by the arbitration panel included common law fraud, securities violations, RICO, negligence, breach of fiduciary duty, state anti-theft statutes and punitive damages. On December 6, 1995, Respondents made application to the arbitrators to correct...

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