Homeowners who are behind on their mortgage payments and owe more than their property is currently worth may benefit from a short sale. While this solution results in the loss of the property, it may prevent foreclosure and rescue people from the pressures of...
LAW OFFICE OF BRADLEY D. SCHNUR, ESQ. P.C.
New York News And Law Blog
Client Awarded $69,250 in FINRA Arbitration
On June 29, 2020 a FINRA Arbitration Panel awarded our client, located in Iowa, a monetary award of $69,250.00 in FINRA Dispute Resolution Case 18-01679. This case was filed against a brokerage firm and broker based upon a claim of overconcentration, unsuitability...
What rules govern security deposits for rental homes in New York?
Security deposits are arguably one of the most significant contributors to disputes between landlords and tenants. Unlike many other states, New York does not have an official cap on the maximum amount of security deposit that a landlord can charge. In other words,...
Estate Planning in Light of COVID-19
Do You Have a Will, Power of Attorney and Health-Care Proxy? BASIC ESTATE PLANNING Many of us assume that we will live forever, never become disabled, may never require long-term care or require that somebody else make a medical decision on our behalf. The coronavirus...
Falling behind on your mortgage? Know your options
Your home is probably one of your most valuable assets. If you face possible foreclosure due to sky-high medical bills, overwhelming debt, job loss or another issue, you should act quickly. The longer you wait, the fewer options you may have. However, before you...
Mistakes debt collectors make that break federal law
Debt collection is a major industry that helps serve other businesses. It would be very difficult for every individual company that deals with non-payment from customers to manage debt collection in-house. Debt collection companies serve a critical role by allowing...
100% Settlement Reached In Investor Fraud Case
The Law Office of Bradley D. Schnur, Esq. P.C. recently represented an investor who lost over $70,000 as a result of the unscrupulous actions of a broker who churned the investor's account. Shortly after filing the Statement of Claim with FINRA, the brokerage firm...
Client Awarded Monetary Relief In Overconcentration Case
A FINRA Arbitrator awarded one of our clients a monetary award of $20,000 in FINRA Dispute Resolution Case 16-03645 which we filed against a broker based upon a claim overconcentration of the account in Groupon stock. If you have lost money in the stock market, you...
Faulty FINRA Arbitrator Disclosure May Be Basis To Vacate Award
Law Office quoted in Article from Financial Advisor IQ (subscription may be required) https://financialadvisoriq.com/c/2091953/247633/advisor_cries_foul_over_finra_arbitration_disclosures?referrer_module=mostPopularEmailed&module_order=3
Firm’s Client Awarded $32,100.00 After FINRA Arbitration Hearing
In FINRA Case 17-2508, our client asserted the following causes of action: unsuitability, churning, commission abuse, fraud, fraudulent misrepresentation, and breach of fiduciary duty. We settled the claim as against 3 of the 4 broker Respondents and proceeded with a...