Thought the Stanford Ponzi Scheme Cases were Done?  Read on…  
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By George H. Friedman, SAA Publisher & Editor-in-Chief

The Stanford Ponzi scheme was discovered in early 2009. Arbitration cases arising out of it are still with us,

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Applicant to Enforce Award Overcomes Obfuscation of Opponent’s Name: Williams v. Lytel
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By Ben Suter

A court does not exceed its jurisdiction under the California Arbitration Act by amending a judgment that confirmed an arbitration Award to insert the correct name of the real defendant when the mistake was not “evident” within the 100-day statutory timeframe for correcting Awards.

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Explained Award Favors Customer in Flubbed Order Execution: Martin v. Wells Fargo Advisors LLC
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Martin v. Wells Fargo Advisors LLC, FINRA ID #14-02593 (Atlanta, GA, 12/16/15).

It’s been our observation that Explained Awards in customer-initiated cases occur primarily when the customer loses.

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Ask Not For Whom the Arbitration Tolls, It Tolls Not For Thee: Zarecor v. Morgan Keegan & Co., Inc.
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No tolling occurs during the pendency of an arbitration that precedes the filing of a lawsuit alleging federal securities claims.

Zarecor vs.

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Separate Stipulation to Silence Statute of Limitations Shield Saves Slow Settlement Stab From Sinking Suit: National Credit Union Administration Board vs. Barclays Capital, Inc.
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By William D. Nelson

The National Credit Union Act’s Extender Statute is a statute of limitations, not a statute of repose;

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Court Rules FAA Allows It to Dismiss Claims Before They Reach the Arbitrators: Joseph Gunnar & Co., LLC vs. Rice
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By Sarah G. Anderson

Under New York Law, threshold issues concerning timeliness of a party’s demand for arbitration are for the court to decide (CPLR 7502(b) and 7503(b));

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