Garrabrants
Garrabrants v. Financial Industry Regulatory Authority
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 12 GREGORY GARRABRANTS, an Case No.: 3:19-cv-01570 individual,
ORDER DENYING MOTION FOR
Plaintiff, PRELIMINARY INJUNCTION v. 16 [Doc. Nos. 5, 10, 11, 14, 17, 18, 20]
FINANCIAL INDUSTRY
REGULATORY AUTHORITY,
ORDER LIFTING STAY
18 Defendant. [Doc. No. 12.]
21 Before the Court is a Motion for Preliminary Injunction brought by Plaintiff Gregory 22 Garrabrants (“Plaintiff” or “Garrabrants”). (Doc. No. 5.) Garrabrants seeks to enjoin 23 Defendant Financial Industry Regulatory Authority (“Defendant” or “FINRA”) from 24 compelling him to arbitrate certain counter-claims brought by Scott Reynolds (“Reynolds”) 25 before FINRA in an arbitration captioned Spartan Securities Group, Ltd. v. Reynolds v. 26 Axos Clearing LLC, FINRA Case No. 19-002926 (the “FINRA Arbitration”). (Id.) 27 On March 13, 2019, Axos Clearing LLC (“Axos Clearing”) filed a complaint in the 28 Southern District of Florida against Reynolds for breach of the settlement…