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Over $125 Million Recovered For Investors!

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Case Results

Attorney Robert Pearce's Proven Results for Investors

Attorney Robert Pearce has represented hundreds of investors over his 40 year career and in the last 20 years alone recovered over $100 million for his investor clients.[1] Mr. Pearce has recovered funds for over 99% of his investor clients through court litigation, arbitrations and settlements. Attorney Pearce has tried over 100 cases to trial verdict or arbitration award and only lost 4 cases for investors in his career. No attorney representing investors in South Florida has more experience or proven results than Mr. Pearce. A partial history of Attorney Pearce's results for investors is listed below:

Federal Court Final Judgment $21,041,285
Case No. 1:10-cv-21444-KMM
College Health and Investment, Ltd. v Esther Spero

This Final Judgment was entered against the defendant for fraud, breach of fiduciary duty, and civil theft pursuant to Sections 812.014 and 772.11, Florida statutes in 2010.

FINRA Arbitration Settlement $7,840,000

This FINRA arbitration involved a complex options trading strategy in the oil and gas sector for a Brazilian holding company against one of the largest Midwest broker-dealers in United States and resolved through mediation on the eve of trial in 2010.

FINRA Arbitration Settlement $6,000,000

This FINRA arbitration against a major broker-dealer in the United States and its off-shore subsidiary involved over-concentration of accounts in Puerto Rico municipal bonds and closed-end funds and unsuitable “hold” recommendations when the broker-dealers knew market conditions were perilous. It settled midway through the arbitration proceeding in 2017 for $6 million even though the broker-dealers claimed the clients' accounts had received millions of dollars in profits over many years.

FINRA Arbitration Award $5,887,498
Case No. 17-02354
Jose E. Blanco Garrido, et al. v. UBS Financial Services Inc. of PR, et al.

This FINRA arbitration against UBS Financial Services, Inc. and UBS Financial Services Inc. of Puerto Rico involve the overconcentration of Mr. Blanco's family's assets in Puerto Rico municipal bonds and closed-end bond funds. The arbitrators awarded substantially all of the Blanco family losses and over $1.5 million prejudgment interest and all of the litigation expenses, $170,000, arising out of an unsuitable recommendation to “hold” their Puerto Rico securities in the fall of 2012 when market conditions were perilous. The arbitration award was entered in favor of the Blanco family after 40 hearing sessions in 2019.

Federal Court Class Action Settlement $4,300,000
Case No. 14-001695-CI
State of Florida, Office of Financial Regulation v. Tri-Med Corp., et al.

Mr. Pearce represented the investors as co-counsel with the Receiver in a class action against the accounting and legal professionals for allegedly aiding and abetting a Ponzi scheme. After removal from state to Federal court and several years of litigation, the lawsuit was resolved in 2017 through mediation and the payment of more than $4.3 million to the receivership for the investors benefit by the law and accounting firms.

Florida State Court Settlement $3,500,000

This $3.5 million settlement was in a state court action filed by Mr. Pearce on behalf of a trust for an elderly widow was against one of the largest corporate trustees in the country. The corporate trustee allegedly failed to diversify a concentrated portfolio in a single stock during the 2008-2009 financial market meltdown. The case was settled in 2010 for substantially all of the widow's losses she was entitled within the short six-month statutory window for bringing a claim against trustees and Florida.

FINRA Arbitration Settlement $3,350,000

This FINRA Arbitration involved Puerto Rico investors who claimed their Puerto Rico broker-dealer overconcentrated and overleveraged their accounts in Puerto Rico municipal bonds and further made unsuitable recommendations to “hold” those positions when it knew market conditions were perilous. The case settled on the eve of the arbitration hearing in 2018.

FINRA Arbitration Award $3,266,200
Case No. 90-01044
Jack Friedlander, et al. v. Margaretten Securities

This arbitration involved misrepresentations and unsuitable recommendations that Claimants invest in complex structured products consisting of stripped coupon mortgage-backed securities and pass through certificates. The Claimants were awarded punitive damages and attorney fees and expenses.

FINRA Arbitration Award $2,752,049
Case No. 10-03554
College Health and Investment, Ltd. v Wells Fargo Advisors LLC

This FINRA Arbitration by College Health against Wells Fargo Advisors followed a Federal court proceeding for aiding and abetting the defendant in that case in the theft of funds from the family holding company's brokerage account at the firm.

FINRA Arbitration Settlement $2,500,000

This FINRA Arbitration involved Puerto Rico investors who claimed their Puerto Rico broker-dealer overconcentrated their accounts in Puerto Rico municipal bonds and further made an unsuitable recommendation to “hold” those positions when it knew market conditions were perilous. The case settled in 2019.

FINRA Arbitration Settlement $2,450,000

This FINRA arbitration against a major broker-dealer in the United States and its off-shore subsidiary involved overconcentration of Puerto Rico municipal bonds and closed-end funds and unsuitable “hold” recommendations when the broker-dealer knew market conditions were perilous. The case settled at the 11th hour before the arbitration proceeding in 2019.

FINRA Arbitration Settlement $2,300,000

This FINRA Arbitration involved a Puerto Rico investor who claimed her Puerto Rico broker-dealer overconcentrated her accounts in Puerto Rico municipal bonds and closed-end bond funds and further made unsuitable recommendations to “hold” those positions when it knew market conditions were perilous. The case settled in 2017 for an amount far in excess of what the broker-dealer claimed to be her damages.

Florida Probate Court Settlement $1,900,000

In this Probate court matter, Attorney Pearce represented several family members in a lawsuit against legal and financial professionals and others for their undue influence over an elderly person in conveying his investments and other assets prior to his death. The suit was settled during a mediation in 2007 for $1.9 million.

FINRA Arbitration Award $1,817,296
Case No. 09-02697
Gerald J. Kazma, et al. v. Citigroup Global Markets, Inc., et al.

The Kazma Family filed an arbitration claim against Citigroup Global Markets, Inc. for losses arising out of a complex municipal arbitrage structured products commonly known as the MAT/ASTA products which were allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis. Mr. Pearce represented scores of investors in connection with the failed MAT/ASTA structured product debacle.

FINRA Arbitration Settlement $1,513,000

This FINRA Arbitration involved a Puerto Rico investor who claimed her Puerto Rico broker-dealer overconcentrated her accounts in Puerto Rico municipal bonds and closed-end bond funds and further made unsuitable recommendations to “hold” those positions when it knew market conditions were perilous. The case settled in 2019 for an amount far in excess of what the broker-dealer claimed to be her damages.

FINRA Arbitration Award $1,450,000
Case No. 14-01541
Christel Marie Bengoa Lopez v UBS Financial Services, Inc., et al
.

This FINRA arbitration against UBS Financial Services, Inc. and UBS Financial Services Inc. of Puerto Rico involved the overconcentration of Ms. Bengoa's assets in Puerto Rico municipal bonds and closed-end bond funds pledged against a line of credit. In 2013 and thereafter, the financial advisor made multiple “hold” recommendations when it was clearly unsuitable to do so. The arbitrators awarded Ms. Bengoa seven figures, including attorney's fees and all of her litigation expenses in 2016, even though the brokerage firms argued her account had no net out-of-pocket damages.

FINRA Arbitration Settlement $1,400,000

This FINRA arbitration against a major broker-dealer in the United States and its off-shore subsidiary involved overconcentration of Puerto Rico municipal bonds and closed-end funds and unsuitable “hold” recommendations when the broker-dealer knew market conditions were perilous. The case settled in 2019 for $1.4 million even though the broker-dealer claimed the clients' accounts had over a millions dollars in profits.

FINRA Arbitration Settlement $1,300,000

This FINRA arbitration against a major broker-dealer in the United States and its off-shore subsidiary involved overconcentration of Puerto Rico municipal bonds and closed-end funds and unsuitable “hold” recommendations by the broker-dealers when they knew market conditions were perilous. The case settled in 2019 for $1.3 million even though the broker-dealer claimed the clients' accounts had millions dollars in profits.

FINRA Arbitration Settlement $1,250,000

This FINRA arbitration against a major broker-dealer in the United States and its off-shore subsidiary involved overconcentration of Puerto Rico municipal bonds and closed-end funds and unsuitable “hold” recommendations by the broker-dealer when they knew market conditions were perilous. The case settled in 2017 for $1.25 million even though the broker-dealer claimed the clients' accounts had hundreds of thousands of dollars in profits.

FINRA Arbitration Settlement $1,200,000

This FINRA arbitration against a major broker-dealer in the United States and its off-shore subsidiary involved overconcentration of Puerto Rico municipal bonds and closed-end funds and unsuitable “hold” recommendations when the broker-dealer knew market conditions were perilous. The case settled in 2019 for $1.2 million even though the broker-dealers claimed the clients' accounts had hundreds of thousands of dollars in profits.

FINRA Arbitration Settlement $1,200,000

This FINRA arbitration was settled for $1.2 million by a major Wall Street firm in 2009 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

FINRA Arbitration Settlement $1,116,700

This FINRA arbitration was settled for over $1.1 million by a major Wall Street firm in 2011 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

FINRA Arbitration Settlement $1,100,000

This FINRA Arbitration involved Puerto Rico investors who claimed their Puerto Rico broker-dealer overconcentrated their accounts in Puerto Rico municipal bonds and further made an unsuitable recommendation to “hold” those positions when they knew market conditions were perilous. The case settled in 2020 for $1.1 million.

FINRA Arbitration Award $1,030,909
Case No. 03-06176
Gary A. Friedman, et al. v. Merrill Lynch Pierce Fenner & Smith, Inc.

This case arose out of the underwriting for stock ratings scandal involving Merrill Lynch's brokerage and investment banking divisions during the 2000-2002 stock market crash. The arbitrators not only awarded compensatory damages to Mr. Friedman but punitive damages against the firm for knowingly publishing false ratings that investors would rely upon in making their investment decisions.

FINRA Arbitration Settlement $1,025,000

This FINRA arbitration was settled for over $1 million by a major Wall Street firm in 2010 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

FINRA Arbitration Settlement $950,000

This FINRA arbitration was settled for $950,000 by a major Wall Street firm in 2012 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

FINRA Arbitration Settlement $950,000

This FINRA arbitration against a major broker-dealer in the United States and its off-shore subsidiary involved over-concentration of accounts in Puerto Rico municipal bonds and closed-end funds and unsuitable “hold” recommendations when the broker-dealers knew market conditions were perilous. It settled at the end of the arbitration proceeding in 2017 for $950,000 even though the broker-dealer claimed the clients' accounts had thousands of dollars in profits over many years.

FINRA Arbitration Settlement $925,000

This FINRA arbitration was settled for $925,000 by a major Wall Street firm in 2012 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

Pre-FINRA Arbitration Settlement $925,000

This was one of those rare cases where a pre-arbitration filing settlement was achieved with a major independent broker operation. The underlying case arose out of a rogue broker's misrepresentations, mismanagement, selling away and misappropriation of funds from multiple clients in the Midwest.

It was settled by the group for $925,000 in 2014 prior to the filing of the arbitration claim.

FINRA Arbitration Settlement $900,000

This FINRA Arbitration involved Puerto Rico investors who claimed their Puerto Rico broker-dealer overconcentrated their accounts in Puerto Rico municipal bonds and further made an unsuitable recommendation to “hold” those positions when it knew market conditions were perilous. The case settled in 2019 for $900,000.

FINRA Arbitration Settlement $875,000

This FINRA arbitration was settled for $925,000 by a major Wall Street firm in 2012 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

FINRA Arbitration Settlement $850,000

This FINRA Arbitration involved a Puerto Rico education institution that claimed its Puerto Rico broker-dealer overconcentrated and overleveraged its account in Puerto Rico municipal bonds and further made an unsuitable recommendation to “hold” those positions when it knew market conditions were perilous. The case settled in 2018 for $850,000 despite the broker-dealers argument the school profited from these investments over many years.

FINRA Arbitration Settlement $840,000

This FINRA Arbitration involved an elderly Puerto Rico widow who claimed her Puerto Rico broker-dealers overconcentrated her accounts in Puerto Rico municipal bonds on margin and further made an unsuitable recommendation to “hold” those positions when they knew market conditions were perilous. The case settled in 2017 for $840,000 with the three firms who blamed one another for the damages suffered.

Florida State Court Settlement $775,000

This case was filed by a small business that deposited its cash reserves to be managed by a corporate trustee and investment advisory firm on a short term basis since it was earmarked for expansion purposes. Instead, the major Florida bank, who the business entrusted its savings to manage conservatively for a fee, speculated in technology and other stocks during the stock market bubble in the 2000-2002 time period. In a bitterly fought state court action, the bank finally agreed in 2004 at mediation to pay the business the $775,000 it lost due the mismanagement of the business account.

FINRA Arbitration Settlement $775,000

This FINRA arbitration was settled for $925,000 by a major Wall Street firm in 2009 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

FINRA Arbitration Settlement $775,000

This FINRA arbitration against a major broker-dealer in the United States and its off-shore subsidiary involved over-concentration of accounts in Puerto Rico municipal bonds and closed-end funds and unsuitable “hold” recommendations when the broker-dealers knew market conditions were perilous. It settled at the end of the arbitration proceeding in 2017 for $775,000 even though the broker-dealer claimed the clients' accounts had thousands of dollars in profits over many years.

FINRA Arbitration Settlement $750,000

This FINRA arbitration was for negligence by a major Wall Street brokerage involving a merger and failure to sell a technology stock received in connection with that merger. The case was settled during a mediation in 2005 for $750,000.

FINRA Arbitration Settlement $750,000

This FINRA arbitration against a major broker-dealer in the United States and its off-shore subsidiary involved overconcentration of accounts in Puerto Rico municipal bonds and closed-end funds and unsuitable “hold” recommendations when the broker-dealers knew market conditions were perilous. It settled just before the arbitration proceeding in 2019 for $750,000 even though the broker-dealer claimed the clients' accounts had thousands of dollars in profits over many years.

FINRA Arbitration Settlement $725,000

This FINRA arbitration involved a group of investors who held accounts with a small broker-dealer and investment advisory firm. The investors alleged that their financial advisor who managed their accounts “cherry picked” many of the profitable transactions for himself at the end of the trading day to their detriment. It settled in 2009 for $725,000 in a rare case with contributions from the small firms clearing broker.

FINRA Arbitration Settlement $700,000

This FINRA arbitration against a major broker-dealer in the United States and its off-shore subsidiary involved overconcentration of accounts in Puerto Rico municipal bonds and closed-end funds and unsuitable “hold” recommendations when the broker-dealers knew market conditions were perilous. It settled just before the arbitration proceeding in 2018 for $700,000 even though the broker-dealer claimed the clients' accounts had thousands of dollars in profits over many years.

FINRA Arbitration Settlement $685,000

This FINRA arbitration was filed by a group of investors against an independent brokerage firm operation with office throughout the United States for failing to do its due diligence in connection with several oil and gas limited partnerships. It took an interesting twist and turn when the broker dealer filed a motion to dismiss under the FINRA 6 year Eligibility Rule thinking that would end the case. Instead, Attorney Pearce and the investors crafted a class action complaint to be filed if the brokerage did not settle the dispute which it did in 2016 for $685,000.

Florida State Court Judgment $669,931
Case No. 50 2013 CA 012367 XXXX MB
C. Adams Moore v Jeffrey M Bell, et al.

This lawsuit involved the solicitation of Florida investor to make a “guaranteed” investment in a mortgage funding business which failed. Attorney Pearce obtained a Summary Judgement and quickly garnished assets located in the State of Washington before a bankruptcy proceeding was filed by the promoter and his businesses. This Judgment and Garnishment then became the subject of a bankruptcy proceeding which was finally resolved by payment of the garnishment proceeds to Mr. Moore.

FINRA Arbitration Award $662,190
Case No. 14-00657
Said Mudafort Farah v UBS Financial Services Incorporated of PR

This was just the second of scores of FINRA arbitration against UBS Financial Services, Inc. and UBS Financial Services Inc. of Puerto Rico that went to a final hearing. It involved the overconcentration of Mr. Mudafort's assets in Puerto Rico denominated municipal bonds and closed-end bond funds and unsuitable “hold” recommendation in March 2013 when the broker dealers knew market conditions were perilous. The arbitrators awarded Mr. Mudafort $662,190 in 2015 even though the brokerage firms argued his account had hundreds of thousands of dollars in profits; i.e., no net out-of-pocket damages.

FINRA Arbitration Settlement $625,000

This FINRA arbitration was settled for $625,000 by a major Wall Street firm in 2010 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis. It was the first of these municipal arbitrage cases tried in the United States and went so well that at the end of the case the broker dealer paid a substantial settlement to avoid what it perceived to be a dangerous precedent for settlement of future cases.

FINRA Arbitration Settlement $575,000

This FINRA arbitration was settled with a family of investors for $575,000 by a major Wall Street firm in 2010 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

FINRA Arbitration Award $573,200
Case No. 91-02022
Cheri Brown v American Capital

This arbitration involved the offer and sale of penny stocks and other securities that were not registered and offered and sold through misrepresentations and omissions in a manipulated market. The Arbitration Panel found numerous sales practice violations under Florida securities statutes in awarding $573,000 to Ms. Brown.

Pre-Suit Settlement $565,342

This case involved the fraudulent sale of equity indexed annuities to an elderly investor with diminished capacity by an insurance agent in Florida. Attorney Pearce was able to negotiate the repurchase of all the annuities by the issuer for full value without firing a shot in court.

FINRA Arbitration Settlement $550,000

This FINRA arbitration filed against to broker-dealers arose out of the offer and sale of concentrated positions in penny stocks by a salesman who moved from one firm to another and encouraged the investor to “hold” the securities, in a margin account as they steadily declined in value. Eventually, the investor was forced to liquidate all of the securities and realize his losses. It settled in 2016 for $550,000 with contributions from both broker-dealers.

FINRA Arbitration Award $545,500
Case No. 90-02875
Larry Witte, as Guardian of Teresa Bill v. Raymond James & Associates, Inc.

This arbitration involved a Raymond James stockbroker who misrepresented and made unsuitable recommendations to an elderly incompetent widow that she invest in options and illiquid limited partnerships in violation of the Florida securities and civil theft statutes. The total award of $545,000 included rescission of the limited partnership investments under 517.211, Fla. Stat., treble damages for violation of the civil theft statute 772.11, Fla. Stat. and attorney fees.

FINRA Arbitration Settlement $510,000

This FINRA arbitration was settled with a family investment holding company for $510,000 by a major Wall Street firm in 2010 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

FINRA Arbitration Settlement $500,000

This FINRA arbitration involved unsuitable recommendations, misrepresentations and mismanagement of two elderly investors trust accounts by an investment advisor of a major Wall Street brokerage. It was settled for $500,000 in 2004 with the successor trustee on behalf of the husband who died while the arbitration was pending and his survivor wife of 60 years.

FINRA Arbitration Settlement $500,000

This FINRA arbitration was settled with a family investment holding company for $500,000 by a major Wall Street firm in 2012 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

FINRA Arbitration Settlement $499,000

This FINRA arbitration involved a misrepresented financial plan to allocate the investor's assets in a diversified portfolio. Instead, the salesperson made unsuitable investments and churned the investor's accounts and caused substantial damages which were fully recovered in a settlement in 2005 for just under a half of a million dollars.

FINRA Arbitration Settlement $490,000

This FINRA Arbitration involved an elderly Puerto Rico widow who claimed her Puerto Rico broker-dealers overconcentrated her accounts in Puerto Rico municipal bonds and closed-end bond funds and further made an unsuitable recommendation to “hold” those positions when they knew market conditions were perilous. The case settled in 2018 for $490,000 with the two affiliated brokerage firms for substantially all of the damages suffered.

FINRA Arbitration Settlement $475,000

This arbitration was filed by a family residing in Costa Rica, on behalf of their mother's investment holding company, against the major Wall Street brokerage firm with operations throughout Central America. The family was given a financial plan to grow their investments for their retirement. But the financial advisor did not adhere to the plan recommended and instead invested in technology stocks which crashed during the 2000-2002 time period. The investors were able to recover substantially all of their investment losses, $475,000, at mediation in 2007.

FINRA Arbitration Settlement $467,000

This FINRA arbitration was settled with a husband and wife for $467,000 by a major Wall Street firm in 2011 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

FINRA Arbitration Settlement $460,000

This FINRA arbitration against a major broker-dealer in the United States and its off-shore subsidiary involved over-concentration of accounts in Puerto Rico municipal bonds and closed-end funds and unsuitable “hold” recommendations when the broker-dealers knew market conditions were perilous. It settled just before the arbitration proceeding in 2019 for $460,000 even though the broker-dealer claimed the clients' accounts had thousands of dollars in profits over many years.

Florida State Court Settlement $450,000

This lawsuit filed in Florida state court against several defendants for fraudulently misrepresenting an investment in a gold and silver mine to an elderly investor with diminished capacity. The Defendants settled by agreeing to make payments on an installment basis for substantially all of the damages suffered. The settlement includes a “hammer provision” to deter defendants from defaulting on their obligation.

FINRA Arbitration Settlement $445,000

This FINRA arbitration against a major broker-dealer in the United States and its off-shore subsidiary involved overconcentration of accounts in Puerto Rico municipal bonds and closed-end funds involving a credit line and a margin account and unsuitable “hold” recommendations when the broker-dealers knew market conditions were perilous. It settled just before the arbitration proceeding in 2019 for $445,000 even though the broker-dealer claimed the clients' accounts had thousands of dollars in profits over many years.

FINRA Arbitration Settlement $437,000

This FINRA Arbitration involved a Puerto Rico investor who claimed his Puerto Rico broker-dealer overconcentrated their accounts in Puerto Rico municipal bonds and further made an unsuitable recommendation to “hold” those positions when it knew market conditions were perilous. The case settled in 2019 for $437,000.

FINRA Arbitration Settlement $435,000

This FINRA arbitration was settled with a family for $435,000 by a major Wall Street firm in 2012 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

FINRA Arbitration Settlement $431,000

This FINRA arbitration was settled with an individual investor for $431,000 by a major Wall Street firm in 2012 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

FINRA Arbitration Settlement $425,000

This FINRA arbitration was filed, tried and settled midway during the arbitration proceeding. It involved unsuitable investment recommendations and churning of the customer's account by a rogue broker. Investor recovered substantially all of her losses, $425,000, in 2011 when this case settled.

FINRA Arbitration Settlement $425,000

This FINRA arbitration involved a Private Placement securities transaction that was misrepresented by the broker dealer and its financial advisor. The broker dealer failed to do its due diligence and discover material facts which would have deterred any investor from purchasing the participation units and promissory notes sold to this investor. The brokerage firm settled this dispute during a mediation in 2015 for substantially the entire amount of the investment, $425,000.

FINRA Arbitration Settlement $422,000

This FINRA arbitration was settled with an individual investor for $422,000 by a major Wall Street firm in 2011 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

FINRA Arbitration Settlement $412,605

This FINRA arbitration was settled with an individual investor for $412,605 by a major Wall Street firm in 2012 for losses arising out of a complex leveraged municipal arbitrage structured product which was allegedly misrepresented and mismanaged during the 2008 municipal bond financial crisis.

FINRA Arbitration Settlement $410,000

This FINRA arbitration involved a Private Placement securities transaction that was misrepresented by the broker dealer and its financial advisor. The broker dealer failed to do its due diligence and discover material facts which would have deterred any investor from purchasing the participation units and promissory notes sold to this investor. The brokerage firm settled this dispute during a mediation in 2013 for substantially the entire amount of the investment.

FINRA Arbitration Settlement $410,000

This FINRA arbitration against a major broker-dealer in the United States and its off-shore subsidiary involved overconcentration of Puerto Rico municipal bonds and closed-end funds and unsuitable “hold” recommendations when the broker-dealer knew market conditions were perilous. The case settled in 2017 for $410,000 even though the broker-dealer claimed the clients' accounts had over a millions dollars in profits.


[1] Unfortunately, records recoveries prior to the year 2000 are limited primarily to published final judgments and arbitration awards. The total recovery for investors, including settlements is estimated to be an additional $10 million.

Case Results - Part 2 >>

Client Reviews
★★★★★
Robert Pearce is part of that unusual breed of lawyers that are able to create empathy with clients and thoroughly adopt their cause. No half efforts here. He and his group of professionals are outstanding strategists that can execute with precise fervor and unyielding determination. Theirs is a huge wave of facts, research, precedents and preparation, that has impressed me in its thoroughness and creativity, and most importantly with the results. No stone goes unturned and no effort is ever spared. In my book, he and they are those of a very rare kind that one wants to keep for a very long time. Ramon F.
★★★★★
This law firm is the real deal. We were so lucky that they took our case as they have so much experience in securities and all the wrongdoing that happens in these investment companies where they mislead you and your money (as in our case) into schemes that are not what you think they are. Mr. Robert Pearce is one of the best lawyers around, a truly professional who will fight for you and will tell you as it is all the time. Astrid M.
★★★★★
Mr. Pearce is a great professional and attorney. He led me through every step of the process in a clear, direct and straightforward manner. I highly recommend him as a securities attorney. Rey S.
★★★★★
Just like the song from HAMILTON, it's so nice to have Bob Pearce on your side. He is the consumate plaintiff's lawyer: smart. dedicated, fully able to try a case but a great negotiator in a mediation. He did a wonderful job for us, fully supporting us through the process and more than holding his own against a large national law firm. Maurice Z.
★★★★★
No lawyer except Bob said I had a chance of winning. When Ubs lawyers laughingly offered me zero to settle the dispute, Bob became even more determined to prove everybody wrong. Bob was extremely prepared, and always a step ahead of the opposing attorneys throughout the arbitration. In the end, Bob and I had the last laugh when the arbitrators awarded me almost 6 million dollars. J. Blanco