Award: Arbitration award of $342,076 on behalf of clients
whose broker recommended they use margin to purchase securities, resulting
in the loss of their entire account. Award included punitive damages and
attorneys’ fees. A copy of the decision can be reviewed
here!
Award:
Arbitration award of
$540,328 on behalf of
registered representative
against former employer for
failure to pay commissions
per their agreement, and for
sexual harassment and
discrimination. Award
included punitive damages
and attorneys’ fees. A copy
of the decision can be
reviewed
here!
Award: Arbitration award of $231,000 on behalf of public customer
who claimed that brokerage firm failed to execute his trades and otherwise
were negligent in the handling of his account. A copy of the decision can be reviewed
here!
Award: Arbitration award of $150,000 on behalf of public customer who
claimed that brokerage firm recommended ricsky technology securities that
were unsuitable to her investment objectives. A copy of the decision can be reviewed
here!
Award:
Arbitration
Award of $100,000 on behalf of widow who claimed that her investment
advisor maintained
a high risk investment strategy that concentrated most of her investment
funds in a
single security. A copy of the decision can be reviewed
here!
Award:
Arbitration award of $310,000 on behalf of public customer whose investment
funds were used to fund private investments created by his advisor. A copy
of the decision can be reviewed
here!
Settlement:
Settlements totaling $700,000 on behalf of three clients of a rogue broker
who engaged in a pattern of selling inappropriate mutual funds.
Settlement:
Settlement of $650,000 on behalf of a married couple against their
financial advisor who implemented an unsuitable investment strategy
that was contrary to their conservative goals of safety and preservation
of capital.
Settlement:
Settlement of $550,000 on behalf of investor against major broker-dealer
for lost profits against brokerage firm that failed to execute an options strategy.
Settlement:
Settlement of $285,000 on behalf of three families who were victimized by a singular
pattern of misconduct of a financial advisor.
Settlement:
Settlement of $177,000 on behalf of married couple, one of whom was a former registered
representative, for investment losses suffered as a result of their broker’s failure to
recommend suitable investments after the husband suffered debilitating injuries in an
accident and was no longer able to direct the family’s investments.
Settlement:
Settlement of $171,000 on behalf of elderly investor against employer of a financial
advisor who improperly convinced her to transfer investment funds to his bogus investment
advisory firm.
Filed: Arbitration proceeding on behalf of investor against trust
company for losses exceeding $500,000 due to a data-entry error in
connection with the purchase of a single security.
Filed:
Arbitration proceeding on behalf of several investors in an initial public offering
who allege they did not receive their shares of the company on a timely basis, resulting
in significant losses when the share price dropped.
Filed:
Arbitration proceeding on behalf of several investors alleging that brokerage firm selling
private investments in a company failed to conduct due diligence which led to the loss of
customers’ investments when the company went out of business.
Filed:
Class action lawsuit on behalf of current and former registered representatives of UBS
Financial Services, Inc., for recovery of underpaid commissions relating to Auction Rate
Certificates. The case is currently pending in the U.S. District Court for the Northern
District of Illinois. A copy of the press release announcing the lawsuit can be reviewed
here!
