Sign In
Events
Newsletters
Search

Close

Close Search

Cancel

SEARCH
MY LAW.COMNEW

Doscher v. Sea Port Grp. Secs. LLC

FINRA Arbitral Award Confirmed, Not Vacated; Arguments in Vacatur Petition Waived

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DREW DOSCHER,Plaintiff,-v-SEA PORT GROUP SECURITIES, LLC, et al.,Defendants.

*1Petitioner Drew Doscher brings this case against his former employers and colleagues, Respondents Sea Port Group Securities, LLC, Stephen Smith, Michael Meagher, Michael Meyer, The Seaport Group, LLC, Armory Advisers, LLC, Armory Fund, LP, and Seaport V, LLC, seeking to vacate in part and modify in part an arbitration decision by the Financial Industry Regulatory Authority (“FINRA”). Although the arbitrators awarded Doscher $2,289,774, he principally contends that a portion of the decision should be vacated based on their failure to enforce certain discovery-related orders. Secondarily, he asserts that another portion of the decision should be modified. For the reasons that follow, the Petition is denied in its entirety.BACKGROUNDFrom 2009 to 2013, Doscher worked for the Seaport Group, LLC and its broker-dealer, Sea Port Group Securities, LLC (together, “Seaport”), both of which are members of FINRA. (Docket No. 17 (“First Merolla Decl.”), Ex. 27 at 12, 16; see id., Ex. 2 (“Statement of Claim”)

Trending Stories

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

LEARN MORE

More From ALM

Premium Subscription
With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now
Team Accounts
Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now
Bundle Subscriptions
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now
Go to CLE Center
Women, Influence & Power in Law US Awards 2024
September 24, 2024
Chicago, IL

Women, Influence & Power in Law Awards honors women lawyers who have made a remarkable difference in the legal profession.


Learn More
Women, Influence & Power in Law (WIPL) 2024
September 23, 2024 - September 25, 2024
Chicago, IL

WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues.


Learn More
New England Legal Awards 2024
September 26, 2024
Boston, MA

The New England Legal Awards serves as a testament to the outstanding contributions and achievements made by legal professionals.


Learn More
Go to Events Go to Webcasts
Associate

A prominent AV-rated Education Law firm seeks an associate with 5+ years experience. The role will primarily involve advice and counsel in ...


Apply Now ›
Associate Attorney

Associate attorney position at NJ Immigration Law firm: Leschak & Associates, LLC, based in Freehold, NJ, is looking for a full time ass...


Apply Now ›
Plaintiff Personal Injury Attorney

Javerbaum Wurgaft, a large civil litigation firm with nine (9) offices, seeks: Plaintiff Personal Injury Attorney for Northern New Jersey of...


Apply Now ›
Go to Lawjobs