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IN THE MATTER OF YALOWITZ v. PRUDENTIAL EQUITY GROUP LLC

25 A.D.3d 354 (2006)

807 N.Y.S.2d 72

In the Matter of EDWARD YALOWITZ et al., Appellants, v. PRUDENTIAL EQUITY GROUP LLC, Formerly Known as PRUDENTIAL SECURITIES INCORPORATED, et al., Respondents.

Appellate Division of the Supreme Court of the State of New York, First Department.

January 5, 2006.

Pursuant to arbitration clauses contained in petitioners' employment contracts with respondents, the matter was arbitrated before three arbitrators who, without giving any reasons, awarded respondents the relief they sought, namely, the outstanding principal balance and interest owed on the notes that petitioners gave respondents, plus attorneys' fees. Petitioners were awarded some of the money they sought on their counterclaims...

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