Oldroyd v. Elmira Savings Bank, FSB, 134 F. 3d 72 - Court of Appeals, 2nd Circuit 1998

Defendant-appellant Elmira Savings Bank, FSB appeals from so much of an order of the United States District Court for the Western District of New York (Larimer, C.J.) as denies a motion to stay proceedings pending arbitration of plaintiff-appellee Richard Oldroyd\u27s retaliatory discharge claim brought pursuant to 12 U.S.C. § 1831j, the whistleblower protection provision of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ( FIRREA ), Pub.L. No. 101-73, 103 Stat. 183 (1989), and directs that such claim be prosecuted in the district court because it was not within the scope of the arbitration clause contained in Oldroyd\u27s employment contract. For the reasons that follow, we vacate the portion of the order of the district court subject of this appeal, with instructions that Oldroyd\u27s retaliatory discharge claim promptly proceed to arbitration