SETTLEMENT
Recovered $3.5 million from a major brokerage firm
Recovered $3.5 million from a major brokerage firm for clients who lost money investing in a proprietary options strategy. The settlement amount represented a very high percentage of the clients’ losses. Erez Law brought claims based upon the unsuitability of the investment, misrepresentations and failure to make adequate disclosures, amongst other things. The case was filed with FINRA Dispute Resolution and was settled very close to the start of the trial date.