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4thCir: Court vacates financial advisors' NASD arbitration award

By Mitchell H. Rubinstein

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An arbitration award rendered under NASD rules granting compensatory damages to financial advisors was properly vacated as the award did not rest on the evaluation of the advisors performance but rather on issues that were outside the arbitrators power under...

Full post as published by Adjunct Law Prof Blog on May 19, 2010 (boomark / email).

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