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, unsuitable recommendations to invest in structured notes, and 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 the amount recovered as compared to the client’s net out-of-pocket losses.