MATTER OF PRUDENTIAL SEC.


168 Misc.2d 699 (1996)

642 N.Y.S.2d 466

In the Matter of the Arbitration between Prudential Securities Incorporated et al., Petitioners, and John Pesce, Respondent.

Supreme Court, New York County.

March 11, 1996


Attorney(s) appearing for the Case

Smith Campbell & Paduano, New York City (Anthony Paduano of counsel), for petitioners. Susan N. Perkins, New York City, for respondent.


HERMAN CAHN, J.

Petitioners move to stay arbitration pursuant to CPLR 7503.

Respondent Pesce filed an amended statement of claim with the National Association of Securities Dealers, Inc. (NASD) on March 15, 1995, alleging six causes of action. Briefly stated, respondent claims that he placed $62,000 in an account with petitioner Prudential Securities, Inc. (Prudential) through petitioner William Prokos...

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