WMA Securities, Inc. v. Ruppert

How courts have described this case

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

• finding that where the investors’ claims “arise from [the member’s] failure to supervise its registered representatives,” the claims “are therefore related ... to [the member’s] business”
• “Plaintiffs business includes the supervision of its large corps of registered representatives. Because Defendants’ claims arise in connection with the supervision of two of those representatives, they arise in connection with Plaintiffs business.”
• security brokerage firm required to arbitrate claim of customer of its registered representative although customer never held account with brokerage firm and firm did not approve sale of product in dispute
• “The facts that [the customers] never had an account with [the member] and that the ... promissory notes in which both [customers] invested were not approved products of [the member] are irrelevant.”

Source: CourtListener parenthetical corpus (CC0).