Lonon et al v. Barnett & Company, Inc.

Filing 26

ORDER granting 25 Motion to Stay Action Pending Arbitration. Signed by Magistrate Judge David S. Cayer on 1/6/2012. (tmg)

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IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF NORTH CAROLINA CHARLOTTE DIVISION CIVIL ACTION NO. 3:11-cv-00476-MOC-DSC ROBERT C. LONON, Individually and as Trustee, and ROBERT C. LONON REVOCABLE LIVING TRUST, Plaintiffs, v. BARNETT & COMPANY, INC. a/k/a BARNETT & CO., INC., et. al., Defendants. ) ) ) ) ) ) ) ) ) ) ) ) ORDER THIS MATTER is before the Court on Defendants Barnett & Company, Inc. and Charles Schwab & Co., Inc.’s Consent Motion to Stay Action Pending Arbitration. Having considered the Consent Motion, the Court finds that it should be GRANTED. It is therefore ORDERED that this action is STAYED under § 3 of the Federal Arbitration Act, 9 U.S.C. § 3, pending arbitration of this dispute before the Financial Industry Regulatory Authority. SO ORDERED. Signed: January 6, 2012

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