J.P. Morgan Securities LLC et al v. Joseph Ellison

Filing 39

JUDGMENT by Judge Dale S. Fischer, in favor of petitioners J.P. Morgan Securities LLC, and JPMorgan Chase Bank NA against respondent Joseph Ellison in the principal amount of $589,624.06, interest in the amount of $0.00, attorneys fees of $200,000.00, costs of $0.00 for a total judgment of $789,624.06. Petitioners are also awarded interest in the amount of $42.37 per day, accruing from April 28, 2014 until the Judgment is fully satisfied. Related to: Order on Motion for Hearing 38 . (MD JS-6, Case Terminated). (mrgo)

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JS 6

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UNITED STATES DISTRICT COURT

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CENTRAL DISTRICT OF CALIFORNIA

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J.P. MORGAN SECURITIES LLC, a Delaware ) Case No. CV14-05567 DSF (AGRx)
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Corporation; JPMORGAN CHASE BANK,
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N.A., a national banking association,
Petitioners,

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vs.
JOSEPH ELLISON, an individual,
Respondent.

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IT IS HEREBY ORDERED, ADJUDGED, AND DECREED THAT:
1. The arbitration award issued by the Financial Industry Regulatory Authority

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(“FINRA”) Dispute Resolution arbitration panel in the binding arbitration between J.P. Morgan

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Securities LLC and JPMorgan Chase Bank, N.A. (collectively “Petitioners”) and Respondent Joseph

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Ellison (“Respondent”), entitled Joseph Ellison vs. J.P. Morgan Securities LLC and JP Morgan Chase

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Bank., N.A., FINRA Case No. 12-02244 (the “Award”), is CONFIRMED in its entirety;

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2. In conformity with the FINRA Award, JUDGMENT is hereby entered in favor of

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Petitioners and against Respondent for $589,624.06 in compensatory damages, plus $200,000 for

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attorneys’ fees and costs, for a total Judgment of $789,624.06. As stated in the FINRA Award,

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Petitioners are also awarded interest in the amount of $42.37 per day, accruing from April 28, 2014

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until the Judgment is fully satisfied.

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IT IS SO ORDERED.

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DATED: November 20, 2017

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UNITED STATES DISTRICT JUDGE

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