Case Name: Robert ESCOBIO, Claudio Salazar, et al., Plaintiffs-Appellants, v. SALOMON SMITH BARNEY, INC., a Delaware corporation, aka Citigroup Global Markets, Inc., Defendant-Appellee
Court: United States Court of Appeals for the Eleventh Circuit
Jurisdiction: United States
Decision Date: 2006-01-26
Citations: 164 F. App'x 881
Docket Number: No. 05-13220; D.C. Docket No. 04-22392-CV-UUB
Parties: Robert ESCOBIO, Claudio Salazar, et al., Plaintiffs-Appellants, v. SALOMON SMITH BARNEY, INC., a Delaware corporation, aka Citigroup Global Markets, Inc., Defendant-Appellee.
Judges: Before DUBINA, MARCUS and WILSON, Circuit Judges.
Reporter: West's Federal Appendix
Volume: 164
Pages: 881–881

Head Matter:
Robert ESCOBIO, Claudio Salazar, et al., Plaintiffs-Appellants, v. SALOMON SMITH BARNEY, INC., a Delaware corporation, aka Citigroup Global Markets, Inc., Defendant-Appellee.
No. 05-13220
D.C. Docket No. 04-22392-CV-UUB.
Non-Argument Calendar.
United States Court of Appeals, Eleventh Circuit.
Jan. 26, 2006.
Hugo L. Black, Jr., Hugo L. Black, Jr., P.A., Miami, FL, for Plaintiffs-Appellants.
Angelika Hunnefeld, Holly R. Skolnick, Greenberg Traurig, P.A., Miami, FL, for Defendant-Appellee.
Before DUBINA, MARCUS and WILSON, Circuit Judges.

Opinion:
PER CURIAM:
I. BACKGROUND
This is an appeal from an order denying the plaintiffs' verified motion to vacate an arbitration award and granting defendants' motion to confirm the award. The issues presented on appeal are (1) whether the district court erred in finding that the arbitration panel did not engage in any misbehavior by which the rights of the plaintiff brokers had been prejudiced within the meaning of 9 U.S.C. § 10(a)(3); and (2) whether the district court erred in finding that the arbitration panel did not act in manifest disregard of the law when it ruled in favor of defendant Smith Barney.
II. STANDARD OF REVIEW
We review the district court's order on a motion to vacate or confirm an arbitration award for clear error with respect to factual findings and de novo with respect to the district court's legal conclusions. See, e.g., Gianelli Money Purchase Plan & Trust v. ADM Investor Servs., Inc., 146 F.3d 1309, 1311 (11th Cir.1998); Montes v. Shearson Lehman Bros., Inc., 128 F.3d 1456, 1459 n. 3 (11th Cir.1997).
After reviewing the record and reading the parties' briefs, we conclude that the district court correctly determined that the arbitration panel did not engage in misbehavior prejudicing the plaintiff brokers. We also conclude from the record that the district court correctly determined that the arbitration panel's decision was amply supported by the record evidence. Finally, we conclude that the district court correctly found that the arbitration panel did not manifestly disregard the law when it issued its award in favor of Smith Barney.
For the foregoing reasons, and because we conclude from the record that there is no merit to any of the arguments the plaintiff brokers present in this appeal, we affirm the district court's order denying the plaintiffs' verified motion to vacate arbitration award and the defendant's motion to confirm the award.
AFFIRMED.