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FIRST UNION SECURITIES, INC. v. LORELLI

No. COA04-116.

607 S.E.2d 674 (2005)

FIRST UNION SECURITIES, INC., formerly known as Wachovia Securities, Inc., Plaintiff, v. Robert LORELLI, Defendant. Robert Lorelli, Petitioner, v. First Union Securities, Inc., now known as Wachovia Securities, Inc., Respondent.

Court of Appeals of North Carolina.

February 1, 2005.

Attorney(s) appearing for the Case

Hamilton Gaskins Fay & Moon, P.L.L.C., by Margaret Behringer Maloney and David G. Redding, Charlotte, for petitioner-appellant.

Ferguson Stein Chambers Wallas Adkins Gresham & Sumter, P.A., Charlotte, by John W. Gresham and Liddle & Robinson, L.L.P., by James R. Hubbard, Laurence Moy and Candace M. Adiutori, New York City, for respondent/cross-petitioner appellee.

ELMORE, Judge.

Wachovia Securities, Inc., formerly First Union Securities, Inc. (First Union), appeals an order of the superior court affirming the arbitration award in favor of Robert Lorelli (Lorelli). First Union contends that the arbitration panel lacked authority to award attorneys' fees to Lorelli. We conclude that the arbitration panel did not exceed its authority in making the award and affirm the judgment below...

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