If your securities-backed credit line or margin account was hit with margin calls and liquidated, recovery focuses on what your advisor recommended and disclosed before the account opened—not the liquidation itself. Misrepresentations, unsuitable leverage for conservative investors, and concentration can support claims. Investors often must pursue FINRA arbitration or mediation to seek reimbursement and fees.
FINRA arbitration can help investors recover losses, but results depend on preparation and strategy. Our attorneys conduct a detailed case review, draft a fact-rich Statement of Claim, and manage arbitrator selection, discovery, mediation, and hearing presentation. We focus on evidence, deadlines, and damages analysis so clients know what to expect from start to award today.
FINRA regulates broker-dealers and conducts routine and cause-based examinations to check compliance with industry rules. Examinations may stem from complaints, disclosures, or risk signals and focus on capital adequacy, supervision, and sales practices. Brokers should understand their obligations and seek legal counsel, as FINRA’s jurisdiction and procedures can lead to serious disciplinary consequences.
J.P. Morgan Securities faces a FINRA arbitration claim alleging former vice-chairman Edward Turley used a highly leveraged, one-size-fits-all strategy in clients’ retail margin accounts. Claimants seek about $55.6 million plus interest and punitive damages, alleging misrepresentations, unsuitable trading, and unauthorized discretion. The post notes prior awards/settlements and reports Turley was barred by FINRA in 2022.
Regulation Best Interest’s Due Care obligation requires brokers to use reasonable diligence, care, and skill when recommending securities, strategies, or account types to retail customers. Unlike the old suitability standard, brokers must weigh risks, rewards, and costs, avoid putting their interests first, and ensure trading is not excessive when transactions are viewed together as well.
Stockbrokers have a duty to watch for red flags of elder financial exploitation, because seniors are often targeted through high-commission products and unauthorized withdrawals. FINRA Rules 2165 and 4512 empower firms to place temporary holds, contact a trusted person, and review suspicious activity. Our attorneys help families document losses and pursue recovery through FINRA arbitration.
Note-linked structured products are notes tied to a security, index, commodity, debt obligation, or currency, often combining a bond-like payment stream with a derivative that sets maturity value. Some promise principal protection, others do not, and liquidity can be thin. FINRA warns marketing must be balanced, conflicts disclosed, and suitability and supervision procedures enforced properly.
A breach of fiduciary duty occurs when a financial professional violates trust-based obligations by putting their interests ahead of an investor’s. These claims often involve undisclosed conflicts, excessive fees, unsuitable strategies, self-dealing, or failure to act with due care. Our firm helps investors evaluate records, quantify losses, and pursue recovery through arbitration or litigation.
Many GPB Capital investors bought illiquid limited-partnership interests sold as income-producing private placements, only to see distributions stop and valuations go dark. Our firm sees losses compounded by 8–10% commissions and misleading reassurance to “wait.” The recovery path is acting quickly—gather documents and pursue claims typically through FINRA arbitration, before eligibility and limitation deadlines expire.
Ponzi scheme losses can feel overwhelming, but recovery is possible through prompt action. After a scheme collapses, money may come from receiver-controlled asset pools, restitution, or claims against brokers and firms through arbitration. Preserve statements, wire records, and communications. If you suspect fraud, contact an experienced investment loss attorney to evaluate liability and options today.
A FINRA arbitration panel found Citigroup Global Markets, Inc. and Citigroup Alternative Investments, LLC liable, jointly and severally, for negligent management and negligent supervision. The panel awarded compensatory damages of $908,648.00 to the Gerald J. Kazma Revocable Trust and $908,648.00 to Amzak Capital Management, LLC, while denying pre-judgment interest and punitive damages in this dispute.
FINRA fined UBS $2.5 million and ordered $8.25 million in restitution after finding false, misleading “principal protection” claims about Lehman Brothers 100% Principal-Protection Notes. UBS advisors often misunderstood the products, which were unsecured Lehman debts and only “protected” if Lehman paid at maturity. Investors may pursue FINRA arbitration for recovery when practices violated suitability rules.
The Law Offices of Robert Wayne Pearce, P.A. filed its first claim against UBS Puerto Rico, alleging a retiree was steered into a concentration of Puerto Rico bonds and closed-end “bond funds.” The claim says the advisor described the strategy as safe and “constitutionally protected,” while misrepresenting risks, failing to diversify, and causing substantial damages.
David Barnes (CRD 2181896) is a UBS Financial Services advisor in Dallas, Texas, previously with Credit Suisse Securities (USA). The page summarizes reported customer disputes alleging unsuitable recommendations, leverage through credit lines, and account mismanagement. It notes one arbitration settlement near $100,000 and another award exceeding $550,000, urging investors to review accounts and seek counsel.
