Fed. Sec. L. Rep. P 91,615 Wayne E. Pierson and Ruth E. Pierson v. Dean, Witter, Reynolds, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting that the “purpose of the unconscionability doctrine is to prevent unfair surprise and oppression”
• rejecting claim that agreement to arbitrate securities claims was unconscionable where plaintiffs made no showing that agreement was commercially unreasonable or that they had no reasonable opportunity to understand it
• finding certain claims “not immune from arbitration under a broadly-worded valid arbitration clause”
• finding certain claims “not immune from arbitration under a broadly-worded valid arbitration clause”
• “The trial court may avoid collateral estoppel and thereby protect its jurisdiction in difficult cases by staying arbitration of the arbitrable claims until federal securities act claims are resolved”
• finding negligence and gross negligence claims were arbitrable

Source: CourtListener parenthetical corpus (CC0).