Search results for: Breach of contract

On September 22, 2020, an arbitration panel for the Financial Industry Regulatory Authority (“FINRA”) made findings against Jason K. Williams (CRD#: 4676003) and entered an award against him exceeding $45,000. The award followed a customer’s complaint of unsuitable investments and negligent account management, violations of the Indiana Securities Act, breach of contract, breach of fiduciary duty, violations [...]

An arbitration panel for the Financial Industry Regulatory Authority (“FINRA”) has made findings against Great Falls, Montana-based D.A. Davidson & Co. and entered an award against the firm for over $1 million. The award follows D.A. Davidson customer complaints of fraud, negligence, breach of contract, breach of fiduciary duty, and violations of the Nebraska Securities [...]

An arbitration panel of the Financial Industry Regulatory Authority (“FINRA”), has entered an Award of over $564,000, plus interest, against UBS Financial Services, Inc. and UBS Financial Services, Inc. of Puerto Rico following a customer arbitration against the firms.  The customer’s claims included allegations of violations of federal and Puerto Rican securities acts, breach of [...]

An arbitration panel of the Financial Industry Regulatory Authority (“FINRA”), has entered an Award of over $360,000, plus interest, against Wells Fargo Advisors, LLC following a customer arbitration against the firm.  The customer’s claims included allegations of violations of federal and state securities and business practices acts, breach of contract, fraud, breach of fiduciary duty, [...]

The Ninth Circuit ruled an fake attorney who chaired a FINRA arbitration panel prevented Move Inc. from having a fair hearing regarding accusations Citigroup Global Markets Inc. mismanaged $131 million of the real estate company’s funds, saying the deceitful arbitrator wrongfully influenced the proceedings. A three-judge panel found that a lower court erred in not vacating an [...]