Elder Financial Abuse Claim Results in $212K FINRA Award
FINRA has ordered a financial firm to pay $212,000 for charges of elder abuse and financial fraud.
Tag Archives: FINRA Arbitration
-
-
Investor Arbitration Cases Down 14% So Far This Year: FINRA
FINRA reports a significant drop in investment arbitration claims this year, despite an increase throughout 2016.
-
FINRA Fines May Hit Record Level Against Finance Industry This Year: Report
FINRA may be headed toward a record-breaking year in fines against financial institutions, however restitution to customers is down significantly and there has been a slight decrease in the actual…
-
Investor Recovery Fund Needed To Close Gap Made By Unpaid Arbitration Awards: Report
According to a new report, about a third of all arbitration awards granted by FINRA to individual investors goes unpaid.
-
Investor Arbitration Process Changes May Threaten Neutrality, Fairness: Lawyers
A proposed rule by FINRA to absorb its independent dispute resolution arm is raising concerns that investors may not get a fair chance in arbitration procedures, amid complaints that the…
-
Investment Fraud Lawyers Cite “Serious Flaws” in FINRA Arbitration Panels
An attorneys group warns that FINRA's arbitrators lack diversity and transparency into their possible conflicts of interest.
-
Puerto Rico Bond Fund Cases to Move Forward, as Arbitrators Found
FINRA has lifted its hold on Puerto Rico bond fund claims, saying it has hired enough arbitrators who are willing to go to Puerto Rico to arbitrate the cases.
-
Puerto Rico Bond Arbitration Claims Overwhelming FINRA
FINRA has placed a stay on UBS Puerto Rico bond fund claims, saying it doesn't have enough arbitrators to handle the flood of cases.
-
FINRA Investor Arbitration Win Rate Drops to Six Year Low: Report
The number of investors who pursued arbitration claims through FINRA dropped again last year, and the percentage of people who were awarded damages dropped to the lowest level since 2008.
-
UBS Puerto Rico Bond Investor Losses in Billions: Report
UBS investor in Puerto Rico Bond funds may have lost $1.66 billion over the first three quarters of 2013, according to a new report.
