January 18, 2011
Jill Gross's Take on Gretchen Morgenson's Take on Securities Arbitration
Jill Gross has an interesting blog at the Indisputably blog site critiquing Gretchen Morgenson's column in Sunday's New York Times, in which Morgenson details the efforts of a brokerage firm to complicate an arbitration proceeding by bringing a judicial action to pursue a counterclaim against a nonparty to the arbitration agreement. Jill wonders if Morgenson, a longtime critic of securities arbitration, has seen the light. Both the blog and the column are worth reading.
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