Business Notes

If living well is the best revenge, forcing your boss to fork over $750,000 has got to be a close second. That is the amount Philadelphia-based brokerage Janney Montgomery Scott must pay gambling-industry analyst Marvin Roffman, according to a decision last week by a New York Stock Exchange arbitration panel. Roffman's complaint: that Janney had fired him as a result of pressure from self-styled dealmeister Donald Trump.

When Trump launched his colossal Taj Mahal casino in Atlantic City a year ago, a Wall Street Journal article quoted a skeptical Roffman as saying that "once the cold winds blow from October to February, it won't make it." Trump threatened to sue Janney if Roffman did not apologize. The analyst refused, and Janney dismissed him, citing "violations of company policy." As for Trump, whose Taj Mahal has felt the cold wind and is flirting with insolvency, Roffman is suing him for $2 million.