Oppenheimer v. Mitchell
Published on:
September 16, 2024
Committee:
Court:
U.S. Court of Appeals
(Ninth Circuit)
Amicus Issue:
Whether claimants, who invested in a private equity fund operated as a Ponzi scheme by a firm-registered broker, are “customers” of the broker-dealer firm, as that term is used in FINRA Code of Arbitration Procedure Rule 12200, such that the claimants can compel the firm to arbitrate a dispute between the parties in FINRA’s arbitration forum.
Counsel of Record:
Sullivan & Cromwell LLP
Robert J. Giuffra, Jr.
Morgan L. Ratner
Jason P. Barnes
Other Amici:
None.