FINRA arbitration is the main dispute process many investors use to bring claims against brokerage firms and their registered representatives, especially when the account agreement requires it. The Financial Industry Regulatory Authority (FINRA) oversees broker-dealers in the United States and … Continue reading
When you lose your investment due to securities fraud or misconduct by a broker or financial advisor, you may have to pursue your compensation claim through the FINRA arbitration process. FINRA arbitration provides a quicker, less expensive means of resolving … Continue reading
Arbitration and litigation are two ways to resolve legal disputes. Arbitration is a private process in which the parties present their cases to one or more arbitrators who make a final decision. It is often faster and less formal than … Continue reading
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 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
The FINRA suitability rule requires brokers to recommend investments that fit the specific client, not just investments that are available to sell. Suitability is not about whether an investment made money or lost money. It is about whether the recommendation … Continue reading