Plaintiff maintained a margin account with defendant, secured by shares of stock in a publicly traded corporation (Borealis) of which plaintiff was an officer and director. After defendant commenced an arbitration before the American Stock Exchange to collect a margin debt of $65,791.96, consisting of principal of $28,406.29 and disputed interest of $37,385.67, the parties stipulated that upon payment of $60,000, defendant would "remit" to plaintiff 112,400 shares of Borealis...
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