FEELEY et al v. SUNTRUST BANK, INC. et al

Filing 24

MEMORANDUM AND ORDER THAT THE DEFENDANT SUNTRUST BANK'S MOTION TO COMPEL ARBITRATION OR, IN THE ALTERNATIVE, TO DISMISS (DOC. NO.6) AND THE DEFENDANTS MARTIN KELLY CAPITAL MANAGEMENT AND WILLIAM CRAFTON, JR.'S MOTION SEEKING THE SAME RELIEF (DOC. NO.7) IS GRANTED IN PART AS OUTLINED HEREIN.SIGNED BY HONORABLE MARY A. MCLAUGHLIN ON 2/19/2013. 2/20/2013 ENTERED AND COPIES MAILED TO UNREP, E-MAILED.(kk, )

IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA
ADAM JOSHUA FEELEY, et al.
v.

SUNTRUST BANK, et al.

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CIVIL ACTION

NO. 12-4522

ORDER
AND NOW, this 19th day of February, 2013, upon
consideration of the defendant SunTrust Bank’s Motion to Compel
Arbitration or, In the Alternative, to Dismiss (Docket No. 6),
and the defendants Martin Kelly Capital Management and William
Crafton, Jr.’s motion seeking the same relief (Docket No. 7),
the plaintiffs’ opposition briefs, and the defendants’ reply
thereto, and for the reasons stated in a memorandum of law
bearing today’s date, IT IS HEREBY ORDERED that the defendants’
motion is GRANTED IN PART.
The Court grants the motion insofar as the plaintiffs
Adam Joshua Feeley, Brent Celek, and Kevin Curtis, are ordered
to arbitrate their dispute with defendants under the provisions
of the commercial arbitration rules of the American Arbitration
Association.

Because the Court does not reach the merits of the

defendants’ motion to dismiss, it is denied without prejudice.

IT IS FURTHER ORDERED that the case is STAYED pending
the outcome of that arbitration.

The case shall be placed into

suspense until further notice from the Court.

The parties shall

notify the Court on the result of the arbitration no later than
30 days after the arbitration decision.

BY THE COURT:
/s/ Mary A. McLaughlin
MARY A. McLAUGHLIN, J.