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Fidelity Brokerage Services LLC, A Limited Liability Company v. Eric Savell

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA SACRAMENTO DIVISION


August 23, 2012

FIDELITY BROKERAGE SERVICES LLC, A LIMITED LIABILITY COMPANY,
PLAINTIFF,
v.
ERIC SAVELL, AN INDIVIDUAL, DEFENDANT.

The opinion of the court was delivered by: Morrison C. England, JR United States District Judge

STIPULATION TO STAY PROCEEDINGS PENDING FINRA 4 ARBITRATION PROCEEDINGS; ORDER

8 IT IS HEREBY STIPULATED, by and between the parties, through their 1 counsel as follows:

2 1. WHEREAS, Plaintiff Fidelity Brokerage Services LLC ("Plaintiff") 3 filed this action on June 14, 2012 against Defendant Eric Savell ("Defendant");

4 2. WHEREAS, Plaintiff initiated arbitration proceedings in FINRA 5 against Defendant on same day which addresses the same subject matter at issue in 6 this action;

7 3. WHEREAS the court ordered the parties to proceed to arbitration on 8 or about June 19, 2012;

9 4. WHEREAS, Plaintiff and Defendant are currently participating in 0 FINRA arbitration proceedings;

1 5. WHEREAS, the parties anticipate that the FINRA arbitration 2 proceedings is likely to resolve most, if not all, of the issues involved in this 3 action;

4 IT IS HEREBY STIPULATED TO AND BETWEEN THE PARTIES AS 5 FOLLOWS:

6 That this action be stayed pending the resolution of the FINRA arbitration 7 proceedings between the parties.

9 IT IS SO STIPULATED

MARKUN ZUSMAN & COMPTON Dated: July 26, 2012 LLP 3 By: EDWARD S. ZUSMAN Attorneys for Defendant ERIC SAVELL LOCKE LORD LLP Dated: August 13, 2012 By: KRISTA J. DUNZWEILER JENNIFER A. KENEDY Attorneys for Plaintiff FIDELITY BROKERAGE SERVICES LLC.

7 IT IS SO ORDERED. The Clerk of the Court is directed to administratively 8 close this Case, and the parties are ordered to file a Joint Status Report not later than 9 ninety (90) days after the date on which this Order is electronically filed.

20120823

© 1992-2012 VersusLaw Inc.



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