Skip to main content


A.G. Edwards Fined By NASD in Annuity Case

Los Angeles Times

A.G. Edwards Inc. was ordered by an NASD arbitration panel to pay a widow $339,974 for failing to properly supervise a broker who made risky investments with her savings in 1999. The regulatory body, which oversees broker conduct, said arbitrators awarded $142,839 in compensatory damages, $100,000 in punitive damages and $97,135 in legal fees to […]

Read More

NASD Arbitration Panel Finds A.G. Edwards Liable and Orders Full Restitution

PR Newswire

BEVERLY HILLS, CALIFORNIA, April 17,2006 /PRNewswire/ – The following was released today by Aidikoff, Uhl & Bakhtiari: An NASD arbitration panel found A. G. Edward & Sons, Inc. (NYSE: AGE), liable for $339,974 for failure to properly supervise Redlands, CA area broker Ted Mendoza. On Thursday, April 13, 2006, the NASD panel awarded $142,839 in […]

Read More

Fight Back: Dishonest Brokers

Money Magazine

Greed is not good if it means the broker wins, not you. Here’s what you can do. By Ellen McGirt with Kate Ashford, George Mannes and Pat Regnier, MONEY Magazine NEW YORK (MONEY Magazine) – Unlike, say, salespeople in a clothing store, brokers are obligated to see that what they sell fits you — your […]

Read More

Brokers’ Pasts Can Still Be Covered Up

Wall Street Journal

Chicago Stockbroker Michael Noble is the subject of a $2 million arbitration claim against his former employer Credit Suisse First Boston by investors who blame him and the firm for their stock losses. It is unlikely, however, the complaint will ever show up in a public database that logs customer beefs against securities dealers — […]

Read More

Industry Report Cards For Stockbrokers Questioned

Naples Daily News

All licensed stockbrokers have a report card of sorts. In theory it’s supposed to give investors a place to go for some unvarnished background: criminal records, disciplinary infractions, firings, customer complaints, civil judgments and bankruptcies, to name a few. A Naples investor gave his broker and firm a big black mark in July when an […]

Read More