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Interview with Phil Aidikoff – A Plaintiff’s Attorney for Investors

NSCP Currents

The following is the second in a series of interviews that will feature plaintiffs’ attorneys who represent claimants pursuing securities fraud claims against financial services firms. NSCP member Richard Szuch sat down with Phil Aidikoff for this interview. Richard is a principal with Bressler Amery & Ross; he has defended the financial services business in […]

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Chatham, Owner of National Enquirer, Adds Ex-SEC Lawyer Amid Review

Bloomberg

Chatham Asset Management, a hedge fund operator that owns the National Enquirer and is under review by securities regulators, is adding a general counsel who was previously a government enforcement attorney, according to a company memo. Daniel A Goldfried, a white-collar litigator at McGuireWoods LLP, will soon join Chatham as its only in-house lawyer, according […]

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Widow of Merrill FA Seeks $30 Mln for Value of His ‘Book’

AdvisorHub

The widow of a Merrill Lynch broker who allegedly specialized in helping employees at Facebook and other “high-technology” firms invest proceeds of their stock options has sued Merrill for $30 million, claiming its distribution of his “book” without paying him or his estate violated his contract and the Family and Medical Leave Act. Richard Hanson, […]

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Wealth Advisers Face Obstacle to Job-Hopping After Court Ruling

Bloomberg

Financial advisers counting on an industry pact to switch jobs safely with clients in tow could run into obstacles after a ruling by a Georgia state court last week. The decision, involving advisers who jumped to Morgan Stanley from Aprio Wealth Management LLC in 2014, holds that those who agree to give their employers advance […]

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Testify before FINRA? No thanks, I’ll take a bar

Financial Planning

Some 53 registered reps so far this year have committed what many might consider the ultimate act of regulatory insubordination: they ignored FINRA’s requests for information or declined to give on-the-record testimony knowing that doing so would get them barred from the industry. While such an act may seem like career suicide, it can in […]

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