Gruhn was fraudently induced to make a large stock purchase, Operation Management

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Gruhn was fraudently induced to make a large stock purchase

Gruhn was fraudently induced to make a large stock purchase from a broker who was a member of the New York Stock Exchange. The stock was actually of little value, claiming damages of $75,000. Gruhn agreed to arbitrate her case under the New York Stock Exchange rules. Without explanation, the arbitrator awarded her $5,000.

Can Gruhn appeal her case to a court of law? Explain.

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Operation Management: Gruhn was fraudently induced to make a large stock purchase

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Operation Management: Gruhn was fraudently induced to make a large stock purchase

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