STAHL, Circuit Judge. Mohamad S. Elahi, his wife Kokab Moarefi Elahi, and their daughter Maryam Elahi, former clients of the investment firm PaineWebber Incorporated (“PaineWebber”), sought arbitration of several claims stemming from ill-fated investments. PaineWebber filed a complaint in federal district court seeking to stay arbitration, alleging that the claims were time-barred…
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