Showing Articles 1 through 10 of 44
Citigroup's Hedge Fund Arbitration Losses Exceed $85 Million
3/22/2012 9:25:45 AM
Description:
Since 2008, Citigroup has been plagued with financial arbitrations. From 59 arbitrations related to hedge funds alone, they have racked up more than $85 million in arbitration losses. 39 more burned investors settled outside of arbitration. And the
Securities Arbitration for IL Fraud, Negligence Case
9/13/2012 9:36:18 AM
Description:
Two Illinois retirees have filed a $300,000 securities arbitration claim against UBS Financial Services. The parties involved are claiming that they lost the money through fraud and other bad behavior on the part of UBS. Their lawyers filed the
Springer vs. Wachovia Securities Arbitration—Offense is Defense
3/16/2012 10:15:37 AM
Description:
FINRA Arbitration 10-03530, March 9, 2012, also known as “In the Matter of the FINRA Arbitration Between Denise D. Springer, Claimant, vs. Wells Fargo Advisors, LLC f/k/a Wachovia Securities, LLC, Respondent,” is an interesting
Studies Underway Pointing to Tighter Limits on Contract Arbitration
5/23/2012 1:30:58 AM
Description:
For the past decade or so, corporations and banks have maintained that mandatory contract arbitration clauses, which prevent class-action cases, are the preferred way to deal with customer complaints. The continued existence of mandatory arbitration
Employment Arbitration over Sexual Harassment, Wrongful Termination
9/10/2012 10:35:52 AM
Description:
The Financial Industry Regulatory Authority (FINRA) recently settled a case of employment arbitration between Santander Securities and a former female employee.
From all records, it looks like the employee received some vindication, but not
Class Arbitration Analogous to Class Action
7/5/2011 8:52:22 AM
Description:
Class arbitration is a term that is becoming more widespread, but many people still do not understand exactly what the phrase means. Simply put, class arbitration is an arbitration proceeding in which a few individuals represent an entire
TIC Real Estate Arbitration in Lightfoot vs. Pacific West
3/13/2012 12:14:41 PM
Description:
If there is a specific real estate arbitration type that keeps FINRA busy and brokerages cringing, Tenants-In-Common, or TIC investments have a stronger claim than most. Claims of this type are becoming increasingly common in the aftermath of the
Financial Arbitration: Merrill Lynch Denied Overturn of Ruling
9/19/2012 9:23:27 AM
Description:
Merrill Lynch recently tried to overturn a financial arbitration against it--a decision to the tune of $10 million. The award was decided on by a FINRA panel. The organization is often accused of favoring investment firms instead of investors. What
Claims Dismissed Against Broker-Dealers in Arbitration Case
4/23/2012 9:11:56 AM
Description:
Three accredited investors have filed claims against Berthel Fisher and Co Financial Services, a broker-dealer in Marion, Iowa have been dismissed by a FINRA arbitration panel as of April 9. The proceedings actually spanned several months and the
Asset Protection: Securities Arbitration 101
1/21/2011 4:26:18 PM
Description:
Securities arbitration should be pretty self-explanatory, but there's more to it than the term itself; thus, we are going to go over the basics of this process and whether or not it really helps those involved. Basically, anytime you have an incident