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Try CasePortal for FreeJ. Wright grants a broker-dealer's motion to dismiss a contract dispute with an asset management company. The company and broker entered into a deal where the broker would introduce investors to the management company in exchange for a solicitation fee. The broker alleges that the management company did not pay the fee, rendering the agreement unlawful and void. The management company seeks a judicial declaration that it has no contractual obligation to pay the broker the solicitation fees and that federal securities laws prohibit the payment of such fees. The management company "has needlessly multiplied this litigation vexatiously by removing the First Action, not defending it, removing the Second Action, and then filing a third separate action rather than asserting counterclaims in the Second Action."