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NASDAQ OMX GROUP, INC. v. UBS SECURITIES LLC

No. 13 Civ. 2244.

957 F.Supp.2d 388 (2013)

The NASDAQ OMX GROUP, INC. and The NASDAQ Stock Market LLC, Plaintiffs, v. UBS SECURITIES LLC, Defendant.

United States District Court, S.D. New York.

June 18, 2013.

Attorney(s) appearing for the Case

Ballard Spahr LLP By: William A. Slaughter, Esq. , Paul Lantieri, III, Esq. , Stephen J. Kastenberg, Esq. , Philadelphia, PA, for Plaintiffs, The NASDAQ OMX Group, Inc. and The NASDAQ Stock Market LLC.

Paul, Weiss, Rifkind, Wharton & Garrison By: Leslie Gordon Fagen, Esq. , Charles E. Davidow, Esq. , Daniel J. Toal, Esq. , New York, NY, for Defendant, UBS Securities LLC.

OPINION

SWEET, District Judge.

Plaintiffs The NASDAQ OMX Group, Inc. and The NASDAQ Stock Market LLC (collectively "NASDAQ" or the "Plaintiffs") have moved to enjoin an arbitration filed by defendant UBS Securities LLC ("UBS" or the "Defendant"), and UBS has cross-moved to dismiss NASDAQ's complaint (the "Complaint") with prejudice.

Upon the facts and conclusions set forth below, NASDAQ's motion for preliminary injunction is granted and UBS...

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