What Happens in Securities Arbitration?

What Happens in Securities Arbitration?

When you find out that you have taken a loss on your investment and you believe that your stockbroker or brokerage firm has been reckless with your investment or otherwise engaging in misconduct, you can take action by heading to arbitration. Investing always comes with a risk that you’ll lose money, but it shouldn’t happen so that your broker or …

Bad Advice from a Broker: How to Recover Compensation

As an investor, you need to be able to trust your stockbroker to make responsible investment recommendations that will help you further your goals as described in your investment portfolio. But when your broker fails you and you suffer exceptionally high losses, you may be able to recover compensation through a number of different avenues. Below, we review some of …

FINRA Attorney Firm Meissner Associates Wins in NY Supreme Court- Client’s Sexual Abuse Claim Stays in FINRA Arbitration

On Sept 1, 2016 the Hon. Judge Singh of the New York State Supreme Court Commercial Division ruled in favor of Meissner Associates client denying an Order to Show Cause seeking to avoid the case being heard in FINRA arbitration. As noted in our previous post, the FINRA arbitration claim was filed in April of 2016. Since such time the …

Meissner Firm Client Awarded 22.4+ Million Dollars in 2nd Highest SEC Whistleblower Award

As well reported in the press by Reuters, AP, the Wall Street Journal, New York Times, CNN, CNBC, and many other publications, the SEC has announced  that our client will receive a 22.4+ million dollar award for submission and cooperation with the SEC’s investigation into conglomerate  Monsanto Co.  The award amounted to 28% out of maximum of 30% that he could …

Wells Fargo Broker Recruitment and Upfront Payouts – Beware

This article focuses on Wells Fargo broker recruitment practices. Recently it has been reported that Credit Suisse Group and Wells Fargo have recently agreed to a recruiting arrangement whereby Credit Suisse’s U.S. brokers will be able to “smoothly” transition their practices and clients to Wells Fargo Advisers by early next year. While the press has been focused on some Credit …

The Elderly, Dementia, Alzheimer’s and How Investment Fraud Attorneys Can Help

Recently, FINRA has focused on the increase in cases involving the abuse of elderly investors by investment advisors and registered representatives. This has also become a focus of Investment Fraud Attorneys. Two weeks ago , as reported by Investment News FINRA filed charges against a Financial Advisor who tried to inherit 1.8 Million from his client who was suffering from Alzheimer’s. Advisers taking …

Investigating UBS and Puerto Rico Bond Funds

Since at least 2011 UBS Financial has recommended UBS Puerto Rico Closed End bond Funds (CEFs) . Such funds were leveraged perpetual baskets largely of Puerto Rico agency bonds; UBS promoted them as having had significant tax advantages and an interest rate averaging in excess of 6%: and were legally available only to residents of Puerto Rico. UBS documents stated that these securities …

Mother of all Dispute Resolution Clauses and the Iran Nuclear Deal

On April 2, 2015 The US and the P5+1 powers agreed to a Joint Comprehensive Plan of Action (JCPOA) regarding the Islamic Republic of Iran’s nuclear program and the US State Department issued a fact sheet purportedly providing the details of such Plan. A key section of such plan relates to Sanctions and what will happen if it is determined …

What to do if your stockbroker screws up

Many people dont realize until after there is a problem that in this country when one has a problem with their broker due to an investment, they must file an arbitration claim at FINRA. Pursuing such a claim requires knowledge of the FINRA forum, the unique arbitration rules of that forum and knowledge of the tricks of the trade to …

Why is Corzine Not Prosecuted??

Today’s Thursday June 27, 2013’s announcement by the Commodity Futures Trading Commission that it charged former MF Global Holdings Ltd. chief Jon S. Corzine and Edith O’Brien, another former executive at the firm, with the unlawful misuse of nearly $1 billion in customer funds related to the firm’s collapse in October 2011 raises some serious questions as to why this …