FINRA Awards and Accolades

Erez Law Wins Over $1,000,000 For Losses In Puerto Rico Bonds

Posted on Thursday, January 26th, 2017 at 4:23 pm    

In January 2017, Erez Law obtained an award against Oriental Financial Services Corp. (“Oriental Financial”) in a FINRA arbitration for over $1,046,556 for losses sustained in a brokerage account held with the firm. The investor was a client of Enrique Pascual, a broker that was employed by OFS Securities, Inc. which later merged with Oriental […]

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FINRA Orders Morgan Stanley to Pay $172,000 Over Unfair and Unreasonable Pricing of Municipal Bonds

Posted on Friday, February 24th, 2017 at 10:19 am    

Financial Industry Regulatory Authority (FINRA) fined Morgan Stanley $115,000 and ordered them to pay restitution to investors in the total amount of $55,284.28 plus interest over findings that the brokerage firm sold municipal securities, including Puerto Rico bonds, to its customers at an aggregate price, including any markups or markdowns, that was not fair or reasonable. […]

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