A stockbrokerage sued as a third party in a securities case can arbitrate the claims even though it was not party to the main litigants’ arbitration pact, a state appeals court says.
All the investors’ claims, in an arbitration action against the broker and litigation against the accountants, should be handled in one arbitration, the Appellate Division ruled Monday in Hirsch v. Amper Financial Services LLC, A-5637-10.
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