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KURKE v. OSCAR GRUSS AND SON, INC.

No. 05-7017.

454 F.3d 350 (2006)

David S. KURKE, Appellee v. OSCAR GRUSS AND SON, INC., Appellant.

United States Court of Appeals, District of Columbia Circuit.

Decided July 18, 2006.

Attorney(s) appearing for the Case

Robert S. Churchill argued the cause for appellant/cross-appellee Oscar Gruss and Son, Inc. With him on the briefs was Lisa Freiman Fishberg. Barry Coburn entered an appearance.

Daniel M. Press argued the cause and filed the brief for appellee/cross-appellant Philip Wagenheim.

Richard A. Stephens argued the cause and filed the brief for appellee David S. Kurke.

Before: GINSBURG, Chief Judge, and GARLAND and BROWN, Circuit Judges.

Opinion for the Court filed by Circuit Judge GARLAND.

GARLAND, Circuit Judge.

Oscar Gruss & Son, Inc., a securities firm, and Philip Wagenheim, an executive at the firm, appeal the district court's confirmation of an arbitration award. The arbitrators required the appellants to pay compensatory damages to David S. Kurke, a former Oscar Gruss customer, for subjecting his account to unauthorized trading and churning. The appellants maintain that the arbitrators...

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