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JONAS v. NEWEDGE USA, LLC

0600585/2008. Motion Seq. No. 001.

2008 NY Slip Op 32168 (U)

STANLEY JONAS and AXIOM MANAGEMENT PARTNERS, LLC, Plaintiffs, v. NEWEDGE USA, LLC, NEWEDGE FINANCIAL, INC., and SOCIÉTÉ GÉNÉRALE, S.A., Defendants.

Supreme Court of the State of New York, New York County.

July 30, 2008.

RICHARD B. LOWE, III, Judge.

In this action, plaintiffs Stanley Jonas (Jonas) and Axiom Management Partners, LLC (Axiom) contend that defendant Newedge USA, LLC, f/k/a Fimat USA, LLC (Fimat) has dishonored a settlement agreement arising out of a prior arbitration by failing to pay plaintiffs commissions, profits, trading discounts and introductory fees.

Motion Sequence Nos. 001 and 002 are consolidated for disposition, and are disposed of in accordance...

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