On August 27, 2020 a FINRA Arbitrator awarded our client, located in California, a monetary award of $97,292.27 plus punitive damages against two brokers in FINRA Dispute Resolution Case 20-00470. The causes of action in the claim included unsuitability, over-concentration, and commission abuse in the brokerage account. A copy of the Award can be found here.
If you have lost money in the stock market, you may have been the victim of broker misconduct. Contact our office at 516-932-4400 for a free initial consultation and visit the Securities Arbitration page on our website.