International investment banking company Citigroup Global Markets Inc. “must now live with the results” of a wrongful termination claim after the U.S. Court of Appeals for the Eleventh Circuit refused to vacate a $3.4 million arbitration award against it over the firing of an allegedly abusive employee in Miami.
The case is a reminder of what little wriggle room courts have when reviewing arbitration awards, as judges can only decide whether arbitrators had the power to reach a certain conclusion — not whether that conclusion was actually correct.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]