GENEVA SECURITIES, INC. v. JOHNSON

Nos. 97-1483, 97-1565.

138 F.3d 688 (1998)

GENEVA SECURITIES, INC., Plaintiff-Appellant, v. Robert W. JOHNSON and Marilyn J. Johnson, Defendants/Third-Party Plaintiffs-Appellees, v. Curtis R. LEVALLEY, Third-Party Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided March 11, 1998.


Attorney(s) appearing for the Case

Paul F. Donahue (argued), Joshua R. Rich, Seyfarth, Shaw, Fairweather & Geraldson, Chicago, IL, for Geneva Securities, Inc. in No. 97-1483.

Dennis C. Waldon (argued), Lavin & Waldon, Chicago, IL, for Robert W. Johnson and Marilyn J. Johnson in Nos. 97-1383 & 97-1565.

Paul F. Donahue (argued), Seyfarth, Shaw, Fairweather & Geraldson, Chicago, IL, for Geneva Securities, Inc. in No. 97-1565.

Howard S. Suskin, Jenner & Block, Chicago, IL, for Curtis R. Levalley in No. 97-1565.

Before FLAUM, RIPPLE and EVANS, Circuit Judges.


FLAUM, Circuit Judge.

Geneva Securities, Inc. ("Geneva"), an Illinois corporation, and Curtis R. Levalley appeal the district court's denial of their request to vacate or remand an arbitration panel's award in favor of Robert and Marilyn Johnson. They also appeal the district court's concomitant confirmation of the Johnsons' award. Because the district court's decision conflicts with our clear precedent, we now reverse and remand.

Levalley served as an investment...

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