PAINEWEBBER GROUP v. ZINSMEYER TRUSTS PARTNERSHIP

Nos. 98-1649, 98-1741.

187 F.3d 988 (1999)

PAINEWEBBER GROUP, INC.; PaineWebber, Inc.; Mitchell Hutchins Asset Management, Inc.; William J. Reik, Jr.; William D. Witter, Inc., Plaintiffs-Appellants, v. ZINSMEYER TRUSTS PARTNERSHIP, Defendant - Appellee.

United States Court of Appeals, Eighth Circuit.

Decided August 16, 1999.

Rehearing and Rehearing Denied October 19, 1999.


Attorney(s) appearing for the Case

Louis R. Cohen, Washington, DC, argued (Charles E. Davidow, Stuart F. Delery, Robert J. Higgins, Joseph E. Kolick, Jr., Washington, DC; Barry A. Short, Richard B. Walsh, Jr, St. Louis, MO; Hannah Berkowitz, New York, NY; Romaine L. Gardner, Weehawken, New Jersey, on the brief) for appellants Painewebber Group, Inc., Painwebber, Inc., and Mitchell Hutchins Asset Mgmt. Inc.

John F. Beukema, Minneapolis, MN; Terri L. Combs, Des Moines, IA; Anthony De Toro, Los Angeles, CA, on the brief, for Appellant William D. Witter, Inc.

Thomas Edward Douglass, St. Louis, MO, argued (Bruce D. Ryder, Daniel J. Carpenter, St. Louis, MO, on the brief), for Appellee Zinsmeyer Trusts Partnership.

Before LOKEN, HANSEN, and MORRIS SHEPPARD ARNOLD, Circuit Judges.


Rehearing and Rehearing En Banc Denied October 19, 1999.*

LOKEN, Circuit Judge.

Zinsmeyer Trusts Partnership ("Zinsmeyer") submitted claims of securities fraud and market manipulation to an arbitration panel of the National Association of Securities Dealers ("NASD"). After a lengthy hearing, the arbitrators dismissed all of Zinsmeyer's claims. The appellants in this court—PaineWebber Group, Inc.; PaineWebber, Inc.; Mitchell...

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