Second Circuit Affirms $400 Million FINRA Arbitration Award
Late last week, the Second Circuit affirmed a denial of a vacatur motion in the context of a $400 million FINRA arbitration award. In STMicroelectronics, N.V. v. Credit Suisse Securities (USA), LLC, Docket No. 10-3847-cv (2d Cir. June 2, 2011), Credit Suisse moved to vacate an award against it arising out of its sale of … Continue reading Second Circuit Affirms $400 Million FINRA Arbitration Award