CPR Radio Show Host Dan Levin Hit With FINRA Arbitration Award On May 19, 2017, a FINRA Dispute Resolution, Inc. arbitration panel issued a binding arbitration award against Dallas based financial planner Dan Levin, host of the CPR radio show, who markets his services through his company Comprehensive Planning for…
Ralph DeRose, Wunderlich Securities Ordered to Pay Investor $1,000,000. In April, 2017, a three member FINRA arbitration panel sitting in Cleveland, Ohio issued a $1,045,000 binding arbitration award against Ralph DeRose and Wunderlich Securities for violations in their Beachwood, OH office. The underlying matter involved allegations that Ralph DeRose…
FSC Securities was ordered to pay an investor $60,000. In February, 2016, a three member FINRA arbitration panel sitting in Pittsburgh, PA issued a $60,000 binding arbitration award against brokerage house FSC Securities. The underlying matter involved allegations that FSC Securities mismanaged a customer account, breached fiduciary duties and failed…
Raymond James owes investor $600,000 says FINRA panel. In February, 2016, a three member FINRA arbitration panel sitting in Albany, NY issued a $600,000 binding arbitration award against brokerage house Raymond James and Associates. The underlying matter involved allegations that Raymond James and Associates mismanaged a customer account, breached their…
Ami Forte and Morgan Stanley ordered to pay investor $33,000,000. In March, 2016, a three member FINRA arbitration panel sitting in Tampa Florida issued a staggering $33,000,000 binding arbitration award against Ami Forte and her firm Morgan Stanley. The underlying matter involved allegations that Ami Forte and Morgan Stanley mismanaged…
National Securities Corp. ordered to pay investor over $500,000. In July, 2016, a three member FINRA arbitration panel sitting in Houston, TX issued a $500,000 binding arbitration award against National Securities Corp and registered rep John Labarca.. The underlying matter involved allegations that National Securities Corp and John Labarca breached…
Stern Fisher Edwards was ordered to pay an investor $300,000. In June, 2016, a three member FINRA arbitration panel sitting in Los Angeles, CA issued a $300,000 binding arbitration award against Stern Fisher Edwards and Charles Bohlen.. The underlying matter involved allegations that Stern Fisher Edwards and Charles Bohlen breached…
Morhan Stanley was ordered to pay an investor $8.5 Million. In June, 2016, a three member FINRA arbitration panel sitting in Los Angeles, CA issued a $8,500,000 binding arbitration award against Morgan Stanley and Peter Doyle and Wendy Feldman for the sale of unsuitable investments. The underlying matter involved allegations…
Centaurus Financial was ordered to pay $150,000 to an investor. In June, 2016, a three member FINRA arbitration panel sitting in Albuquerque, NM issued a $150,000 binding arbitration award against Centaurus Financial for the sale of illiquid, unsuitable investments. The underlying matter involved the sale of non-traded REITs, including Inland…
Royal Alliance ordered to pay investor $870,000. In January, 2015, a three member FINRA arbitration panel sitting in Los Angeles, CA issued an $870,000 binding arbitration award against Royal Alliance Associates for the sale of a variable universal life policy. The underlying matter involved the surrender of a Provident Mutual…