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William Stoops v. Deutsche Bank Securities, Inc. - 2/19/2004

Award Amount- $114,211.00

Case Summary: Mr. Stoops worked as an equity salesman for Deutsche Bank until the firm terminated his employment without cause on August 7, 2002. Mr. Stoops brought claims for wrongful termination and failure to pay him severance benefits. At the four-day hearings before a three-arbitrator NYSE panel, Deutsche Bank argued unsuccessfully that it had cause to terminate Mr. Stoops' employment. The panel awarded Mr. Stoops $114,211.39.

Lawyer(s):
David Marek
Blaine H. Bortnick




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