Aidikoff, Uhl & Bakhtiari Announces Filing of FINRA Arbitration on Behalf of Former Customers of LPL Financial Broker Karl Romero
May 16, 2016
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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Ami Forte Presses for Back-Pay from Morgan Stanley, the Company She Loved
May 10, 2016
AdvisorHub
Mason Braswell and Jed Horowitz
Original Story Reasonable advisors can differ over whether Morgan Stanley’s recent dismissal of Amy Forte was fair comeuppance for her dalliance with a billionaire client whose account she allegedly churned. Her latest crusade may draw more unanimous support from the community. The southern Florida ex-broker has gone public with an arbitration claim she’s pressing against the world’s […]
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Why Plaintiffs Firms Will Love DOL's New Fiduciary Rules
April 6, 2016
Law360
Carmen Germaine
The U.S. Department of Labor’s fiduciary rules give more power to retirement savers, experts said, providing investors and their attorneys an important new tool to bring claims when they suspect their broker-dealer doesn’t have their best interests at heart. “As night follows the day, there will be more litigation,” Skadden Arps Slate Meagher & Flom LLP partner […]
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Law360's FINRA Arbitration Survival Guide
February 23, 2016
Law360
Ed Beeson
Just because the Financial Industry Regulatory Authority’s dispute resolution process promises to be quicker, cheaper and simpler than heading to federal court doesn’t mean it is a walk in the litigation park, experts say. Instead, the forum has its own idiosyncrasies that can sink even seasoned trial lawyers. A forum unlike others, FINRA arbitration is the […]
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S.E.C. Settlement With Citigroup Holds No One Responsible
August 28, 2015
New York Times
Gretchen Morgenson
How can we expect Wall Street’s me-first culture to change when regulators won’t pursue or even identify the me-firsters who are directly involved? That question came to mind after reading the terms of a settlement struck on Aug. 17 between the Securities and Exchange Commission and two units of Citigroup. It is a deal that […]
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