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Aidikoff, Uhl & Bakhtiari Announces Filing Of FINRA Arbitration On Behalf Of Former Customers of Independent Financial Group broker Kenny Kim

Globe Newswire

  Aidikoff, Uhl & Bakhtiari and the Law Offices of Patrick R. Mahoney, P.C. announce the filing of a FINRA arbitration and its continuing investigation of the sales practices of former Independent Financial Group broker Kenny Kim for his management of client accounts and unsuitable recommendations of private non-traded REITs, annuities, structured products, and C-share […]

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Investor Plaintiff Lawyers Expect More Victories With DOL Rule

Financial Advisor

Investor plaintiffs’ lawyers say the Department of Labor’s fiduciary rule will give them some extra leverage in winning damages from arbitration panels—but they don’t expect a huge windfall. The DOL rule gives investors the right to file arbitrations or class-action claims for violations of the rule, giving rise to industry concerns about increased liability. Sure […]

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Finra Wants to Expand Arbitrator Pool Choices

Financial Advisor IQ

The securities industry’s self-funded watchdog is moving forward with a rule to bump up the number of arbitrators available to be selected for panels judging claims against brokers. In a filing to the SEC earlier this month, the Financial Industry Regulatory Authority proposed to increase to 15 from 10 the number of “public” arbitrator candidates available […]

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Finra Starved For Arbitrators For Complaints

Financial Advisor

Investor plaintiff lawyers are increasingly ditching industry arbitrators in favor of using all-public panels, a trend that is again raising questions about whether Finra has enough public arbitrators to meet demand. Since 2008, when Finra began a pilot program allowing investors to choose all-public arbitration panels, about half of eligible customers bringing cases have taken […]

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Aidikoff, Uhl & Bakhtiari Announces Filing of FINRA Arbitration on Behalf of Former Customers of LPL Financial Broker Karl Romero

Aidikoff, Uhl & Bakhtiari announces the filing of a FINRA arbitration and its continuing investigation of the sales practices of Karl Romero (Nasdaq:LPLA) for his management of client accounts and the overconcentration of energy and/or real estate related stocks including: Gastar Exploration Arbor Realty Resource Capital Corp. We are currently investigating whether all material risks of […]

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