Category: FINRA Arbitration Articles
Jeffrey Erez won a $3.3 million Finra arbitration on behalf of two clients against Morgan Stanley. The company’s appeal of the arbitration, in which it was ordered to pay $3.3 million, was thrown out of court this week. The court’s … Continue reading
Erez Law recently filed a $550,000 FINRA arbitration against Wells Fargo for high-risk energy sector losses. The former Wells Fargo customer alleges that John Leonard (CRD #2113842), who was a registered representatives of Wells Fargo in Toledo, Ohio from 2008 … Continue reading
Erez Law is currently investigating former First Standard Financial Company LLC and Alexander Capital, L.P. financial advisor Laurence Torres (CRD# 2821373) regarding churning and unsuitable investments in customer accounts. Torres was registered with First Standard Financial Company LLC in Staten … Continue reading
Erez Law is currently investigating Ameritas Investment Corp. financial advisor Alonza Barnett Jr. (CRD# 4577695) regarding conversion of funds, breach of fiduciary duty and constructive fraud. Barnett has been registered with Ameritas Investment Corp. in Greensboro, North Carolina from 2010 … Continue reading
In 2012, the suitability rules the Financial Industry Regulatory Authority (FINRA) uses changed. Rule 2111 clarified and codified many precedents that were previously upheld and interpreted through case law. Rule 2111 replaces NASD Rule 2310 and offers clear standards that … Continue reading
Everyone is familiar with getting a second opinion when it refers to medical matters. Legal matters require the same actions. One lawyer’s opinion about the merits of a case are just that, one lawyer’s opinion. A client should not just … Continue reading