SUSAN ILLSTON, United States District Judge.
Plaintiffs Motion For Confirmation of Arbitration A ward and Entry of Judgment by the Court against BRYAN JAY HERMAN individually and as an officer of MONROE PARKER SECURITIES, AND, ON BEHALF OF MONROE PARKER SECURITIES, under 9 U.S.C. § 9 of the Federal Rules of Civil Procedure, was considered by the Honorable Susan Illston, United States District Judge, in Courtroom Number Four of the above-entitled Court on October 12, 2001. After considering the evidence submitted in connection with the motion, and the accompanying declaration and other papers on file in this action, the Court finds as follows:
1. BRYAN JAY HERMAN and MONROE PARKER SECURITIES were properly and adequately served on May 10, 2001 and their default has been entered by the Clerk;
2. BRYAN JAY HERMAN is not a minor, incompetent person. nor currently a member of the military service;
3. BRYAN JAY HERMAN and MONROE PARKER SECURITIES have failed to appear in this action by timely pleading, responding to. or otherwise defending against, the Petition to Confirm Arbitration Award in this action after being properly served with it;
4. Plaintiff has established that BRYAN JAY HERMAN and MONROE PARKER SECURITIES are indebted and liable to Plaintiff for damages in the amounts set forth below:
a. $2,767,285.00 in compensatory damages, jointly and severally, against BRYAN JAY HERMAN and MONROE PARKER SECURITIES;
b. $1,000,000.00 punitive damages against BRYAN JAY HERMAN;
c. $2,500,000.00 punitive damages against MONROE PARKER SECURITIES.
5. There is no just reason to delay entry of judgment against defendant BRYAN .IAY HERMAN and MONROE PARKER SECURITIES based upon the finding that there is no possibility of inconsistent liability determinations in this action.
THEREFORE, IT IS ORDERED, ADJUDGED AND DECREED, that:
1. Judgment is entered against Defendants BRYAN JAY HERMAN and MON ROE PARKER SECURITIES pursuant to United States Code, Title 9, Section 13, as follows:
a. $2,767,285.00 in compensatory damages, jointly and severally.
agains BRYAN JAY HERMAN and MONROE PARKER SECURITIES;
b. $1,000,000.00 punitive damages against BRYAN JAY HERMAN:
c. $2,500,000.00 punitive damages against MONROE PARKER SECURITiES.
2. Thisjudgment shall bear interest at thejudgment rate from, on and after October 19. 1999. until paid.
3. All relief not expressly granted is denied.