SETTLEMENT
$13,500,000 recovery for investor from major brokerage firm.
Erez Law recovered $13.5 million in 2025 against a major brokerage firm for a high net-worth investor. The claims were based on misrepresentation and unsuitable recommendations to invest in structured notes as well as excessive trading or “churning”. Erez Law filed claims for negligence, breach of fiduciary duty, fraud, negligent supervision, breach of contract and violation of the Florida Securities Act. The settlement is notable for the size of the settlement and amount recovered as compared to the client’s net out-of-pocket losses.