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JANSEN v. SALOMON SMITH BARNEY, INC.

776 A.2d 816 (2001)

Gregory JANSEN, Scott Jansen, and Tony Jansen, Plaintiffs-Respondents, v. SALOMON SMITH BARNEY, INC., and Arlene K. Scozzaro, Defendants-Appellants.

Superior Court of New Jersey, Appellate Division.

Decided May 16, 2001.

Attorney(s) appearing for the Case

Brian F. McDonough, New York City, argued the cause for appellants, (Drinker, Biddle & Shanley, attorneys).

Kenneth J. Isaacson, West Orange, argued the cause for respondents, (Goldberg, Mufson & Spar, attorneys).

Before Judges BAIME and CARCHMAN.

The opinion of the court was delivered by BAIME, P.J.A.D.

The novel question presented by this appeal is whether the putative beneficiaries of a retirement account are bound by an arbitration clause signed by decedent and his financial advisors. Plaintiffs brought this action against defendant brokerage house and its employee claiming that defendants' negligent financial advice to their deceased father deprived them of their portion of decedent's retirement account...

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