Lewis

Lewis v. UBS Financial Services Inc.

Good Law

818 F. Supp. 2d 1161·2011 WL 4727795·2011 U.S. Dist. LEXIS 116433

United States District Court, Northern District of CaliforniaSeptember 30, 2011Case C 10-04867 SBACalifornia3,448 words

Opinion

Armstrong, J.

ORDER GRANTING DEFENDANT’S MOTION TO COMPEL ARBITRATION

Plaintiff Brooks Lewis (“Plaintiff’) filed the instant putative class action against his former employer, UBS Financial Services Inc. (“UBS”), alleging violations of the California Labor Code and California’s Unfair. Competition Law (“UCL”), Cal. Bus. and Prof.Code § 17200. The parties are presently before the Court on Defendant UBS’s motion to compel arbitration and to dismiss or stay all proceedings. Dkt. 29. Having read and considered the papers filed in connection with this matter and being fully informed, the Court hereby GRANTS the motion and DISMISSES the action for the reasons stated below. The Court, in its discretion, finds this matter suitable for resolution without oral argument. See Fed.R.Civ.P. 78(b); N.D. Cal. L.R. 7-1 (b).

I. BACKGROUND

A. Factual Summary

Plaintiff was employed by UBS as a financial advisor from May 2006 through April 2009. Compl. ¶ 6, 21, Dkt. 3. According to Plaintiff, UBS engages in the practice of enticing financial advisors who have an existing book of business to bring their customers to UBS through the promise of “up front bonuses” to the advisor. Id. ¶ 24. UBS typically structures…

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