Wall Street Plays Dr. Jekyll to Avoid Courtrooms
October 12, 2010
Bloomberg
Susan Antilla
When duped investors set out to make themselves whole after a fleecing by a broker, the American way is to hustle them off to a private court run by Wall Street. It’s a tradition that was set in stone when the Supreme Court in 1987 said that, if an investor signed an agreement to arbitrate, […]
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It’s Not Nice to Mess With J.R.
October 10, 2010
New York Times
Gretchen Morgenson
When he played the oil tycoon J. R. Ewing Jr., in “Dallas,” the long-running, ’80s-era nighttime soap opera, Larry Hagman didn’t get mad at his adversaries. He got even. Last week, Mr. Hagman, 79, got even once again. This time it was against his broker. A securities arbitration panel awarded Mr. Hagman and his wife […]
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Larry Hagman’s Stockbroker Would Make J.R. Blush
October 10, 2010
Bloomberg
Susan Antilla
Larry Hagman, who played the conniving oil baron J.R. Ewing in the prime-time soap opera “Dallas”, has learned that the star broker hired to run your money can turn out to be a flop. Over the course of 15 hearing sessions in Los Angeles in August and September, Hagman, 79, and his lawyers told a […]
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Actor Hagman’s Broker Was Industry Star Until Massive Fine
October 8, 2010
Forbes
Chris Barth
Lisa Detanna was a newcomer to the Barron’s Top 100 Women Financial Advisors list this year. Odds are she won’t make the cut in 2011, after being hit with an $11.5mil arbitration settlement yesterday in relation to the accounts of actor Larry Hagman. Hagman, 79, is best known for his role as the villainous J.R. […]
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'Dallas' star wins $1.1 million from Citi
October 8, 2010
The Hollywood Reporter
George Szalai
J.R. Ewing would have been all smiles. Larry Hagman, who portrayed the rich fictitious oil baron Ewing in the CBS cult TV show “Dallas,” won an arbitration panel ruling in a securities case against a unit of Citigroup that will earn him $1.1 million and $10 million in punitive damages for charities of his choosing, […]
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