Panel Awards Record Amount In Stratton Case
April 17, 1997
Wall Street Journal
An arbitration panel awarded a California doctor a record $10 million in punitive damages from four former officers of the defunct brokerage firm Stratton Oakmont. A National Association of Securities Dealers panel in Los Angeles awarded the punitive damages to California doctor F. Clark Gardner on top of 3154.583 in compensatory damages and 324,375 in […]
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Woodland Hills stock brokerage ordered to pay $1.99 million in arbitration case
November 20, 1995
Los Angeles Business Journal
Woodland Hills-based stock brokerage firm RJR Capital Group has been ordered to pay $1.99 million, and additional costs, to clients by National Association of Securities Dealers arbitrators, in a binding decision. A lawyer for the clients, Salvador Gomez and Neda Kordich, told a three-man NASD arbitration panel that RJR Capital had improperly invested the clients” […]
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