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PAINEWEBBER INC. v. ELAHI

No. 95-2188.

87 F.3d 589 (1996)

PAINEWEBBER INCORPORATED, Plaintiff, Appellant, v. Mohamad S. ELAHI, Kokab Moarefi Elahi and Maryam Elahi, Defendants, Appellees.

United States Court of Appeals, First Circuit.

Decided July 3, 1996.

Attorney(s) appearing for the Case

Steven L. Manchel, Boston, MA, with whom David A. Forman and Choate, Hall & Stewart were on brief, for appellant.

Philip M. Giordano, Natick, MA, with whom Giordano & Champa, P.A. was on brief, for appellees.

Before BOUDIN, Circuit Judge, BOWNES, Senior Circuit Judge, and STAHL, Circuit Judge.

STAHL, Circuit Judge.

Mohamad S. Elahi, his wife Kokab Moarefi Elahi, and their daughter Maryam Elahi, former clients of the investment firm PaineWebber Incorporated ("PaineWebber"), sought arbitration of several claims stemming from ill-fated investments. PaineWebber filed a complaint in federal district court seeking to stay arbitration, alleging that the claims were time-barred under the terms of the arbitration agreement. The district court dismissed PaineWebber...

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