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Matter of Beckman v. Greentree Sec., Inc.

Appellate Division of the Supreme Court of New York, First Department
Feb 23, 1995
212 A.D.2d 461 (N.Y. App. Div. 1995)

Opinion

February 23, 1995

Appeal from the Supreme Court, New York County (Karla Moskowitz, J.).


Respondent received notice of the commencement of the arbitration proceeding in compliance with the Code of Arbitration Procedure of the National Association of Securities Dealers § 25 (c) (2). It is undisputed that respondent was associated with Greentree Securities, Inc. on September 26, 1988, the date petitioners filed their claim, and that notice of the proceeding was sent to the member firm which, under the rule, is charged with the duty to "perfect service upon the associated person." If, as here, the firm does not undertake to represent the associated person, it is also required to advise the parties and the Director of Arbitration that service has been made and to "provide such associated person's current address." Any lack of notice to respondent of the date of the arbitration hearing is solely attributable to the failure of respondent Greentree Securities, Inc. to supply an address for respondent.

Concur — Sullivan, J.P., Ellerin, Rubin and Williams, JJ.


Summaries of

Matter of Beckman v. Greentree Sec., Inc.

Appellate Division of the Supreme Court of New York, First Department
Feb 23, 1995
212 A.D.2d 461 (N.Y. App. Div. 1995)
Case details for

Matter of Beckman v. Greentree Sec., Inc.

Case Details

Full title:In the Matter of HARRIS BECKMAN et al., Respondents, v. GREENTREE…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Feb 23, 1995

Citations

212 A.D.2d 461 (N.Y. App. Div. 1995)
622 N.Y.S.2d 953

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