Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_07-cv-01599/USCOURTS-cand-3_07-cv-01599-3/pdf.json

Nature of Suit Code: 190
Nature of Suit: Other Contract Actions
Cause of Action: 28:1332 Diversity-Injunctive &amp; Declaratory Relief

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United States District Court

For the Northern District of California

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IN THE UNITED STATES DISTRICT COURT

FOR THE NORTHERN DISTRICT OF CALIFORNIA

GOLDMAN SACHS & CO, and GOLDMAN

SACHS EXECUTION AND CLEARING, 

Plaintiffs,

 v.

ANTHONY J. BECKER, and CECILIA

FÁBOS-BECKER,

Defendants. /

No. C 07-01599 WHA

ORDER RE PLAINTIFFS’

MOTION FOR PRELIMINARY

INJUNCTION

As stated at the hearing on this matter, parties are directed to request that the NASD

explain its reasons for denying plaintiffs’ motion to excuse it from arbitration before the NASD. 

At the present time, the Court is inclined to grant Goldman Sachs’ motion for preliminary

injunction to relieve it from participating in arbitration. Before making this decision, however,

the Court would like to hear from the NASD. Elaine Kohn, a staff attorney at the NASD,

denied plaintiffs’ request to decline arbitration in Anthony J. Becker, et al. v. Prudential

Securities Inc. nka Prudential Equity Group, et al., NASD-DR Arbitration No. 06-2947. Her

memorandum stated that she gave careful consideration to the denial. Consequently, the Court

would like the benefit of her consideration. Ms. Kohn should explain whether, under the line of

authority including John Hancock Life Ins. Co. v. Wilson, 254 F.3d 48 (2d. Cir. 2001), Goldman

Case 3:07-cv-01599-WHA Document 25 Filed 06/07/07 Page 1 of 2
United States District Court

For the Northern District of California

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Sachs should not be excused from participating in the above-mentioned arbitration. A

statement to that effect should be submitted to the Court no later than THURSDAY, JUNE 14, AT

NOON. 

Parties are instructed to provide a copy of this order to Ms. Kohn at the NASD. 

IT IS SO ORDERED.

Dated: June 7, 2007. 

WILLIAM ALSUP

UNITED STATES DISTRICT JUDGE

Case 3:07-cv-01599-WHA Document 25 Filed 06/07/07 Page 2 of 2