FIN. NETWORK INV. v. BECKER


191 Misc.2d 297 (2002)

741 N.Y.S.2d 837

FINANCIAL NETWORK INVESTMENT CORPORATION, Petitioner, v. LESTER W. BECKER et al., Respondents.

Supreme Court, New York County.

April 4, 2002.


Attorney(s) appearing for the Case

Winget, Spadafora & Schwartzberg, LLP, New York City (Luigi Spadafora of counsel), for petitioner.

Goodman & Nevaskil, P.A., Clearwater, Florida (Joel A. Goodman of counsel), for respondents.


OPINION OF THE COURT

BRUCE ALLEN, J.

Respondents have filed claims for National Association of Securities Dealers (NASD) arbitration against petitioner Financial Network Investment Corporation (FNIC). In this proceeding, FNIC seeks a permanent stay of the arbitration.

In 1998, a group of FNIC registered representatives were operating a branch of FNIC in Depaw, New York, that did business under the name...

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