Brinkman

UBS Financial Services Inc. v. Brinkman

Good Law
United States District Court, Eastern District of CaliforniaNovember 18, 20212:21-cv-01222California612 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF CALIFORNIA 10 UBS Financial Services, Inc., No. 2:21-cv-01222-KJM-AC Petitioner, ORDER v. Dane Alvin Brinkman, an individual, 1S Respondent. 16 Petitioner UBS Financial Services, Inc.’s (UBS) motion to confirm the arbitration award against respondent Dane Alvin Brinkman under the Federal Arbitration Act (FAA) is before the court. Brinkman is a former UBS employee. He has not filed an opposition to petitioner’s motion. The court grants the motion. Brinkman is a former securities broker and was a registered representative with Financial Industry Regulatory Authority Dispute Resolution (FINRA) during his employment with UBS. Pet. 5, ECF No. 1. On September 9, 2020, a FINRA arbitration panel found Brinkman liable for not repaying an employee loan and awarded UBS the amount of $116,596.70. Mem. P. & A. 25 at 2, ECF No. 6-1. Previously, the parties had agreed to binding arbitration as…

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