Rhoades v. Merrill Lynch, Pierce, Fenner & Smith, Inc.

961 F.2d 217 NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel. Floyd B. RHOADES, Jr.; Audrey Rhoades, Plaintiffs-Appellees, v. MERRILL, LYNCH, PIERCE, FENNER & SMITH, INC.; PAINEWEBBER, INC.; JORDAN BALL; and HOLLIS ANDERSON, Defendants-Appellees, v. William T. POWELL, Defendant-Appellant. No. 91-15268. United States Court of Appeals, Ninth Circuit. Submitted April 16, 1992. * Decided April 24, 1992. Before SCHROEDER, LEAVY and RYMER, Circuit Judges. 1 MEMORANDUM ** 2 Floyd and Audrey Rhoades filed an action in federal district court against two brokerage houses and three stockbrokers, including William Powell, alleging that the defendants had violated federal and state law by mismanaging the Rhoadeses' stock accounts. The parties eventually submitted the claim to the National Association of Securities Dealers ("NASD") for arbitration. The arbitrator ruled in favor of the Rhoadeses, and the district court entered judgment confirming the award. Powell now appeals pro se,…