Oppenheimer v. Mitchell

Court:
U.S. Court of Appeals
(Ninth Circuit)

Amicus Issue:
Whether claimants, who invested in a private equity fund operated as a Ponzi scheme by a firm-registered broker, are "customers" of the broker-dealer firm, as that term is used in FINRA Code of Arbitration Procedure Rule 12200, such that the claimants can compel the firm to arbitrate a dispute between the parties in FINRA's arbitration forum.

Counsel of Record:
Sullivan & Cromwell LLP

Robert J. Giuffra, Jr.
Morgan L. Ratner
Jason P. Barnes

Other Amici:
None.