Month: May 2021

Customer Wins FINRA Case Against Stifel Nicolaus & Co. And Its Investment Broker

A recent FINRA Award serves as a warning to brokerages and brokers that they must timely process customer paperwork. The broker for Stifel, Nicolaus & Co. failed to timely change the customer’s beneficiary on an annuity. The customer hired a securities arbitration attorney and filed a claim for damages of $100,000. After a four-day arbitration …

Customer Wins FINRA Case Against Stifel Nicolaus & Co. And Its Investment Broker Read More »

At FINRA Justice Can Be Swift – Customer Wins 10 Months After Filing His Case

In a case against Charles Schwab & Co., Inc. the customer won a securities arbitration in Hawaii only 10 months after filing his claim. After a three day arbitration conducted in Honolulu the Panel awarded $45,000 to the customer who alleged investment misrepresentation and violations of Hawaii investment law. See Case Number 09-03470. Charles Schwab …

At FINRA Justice Can Be Swift – Customer Wins 10 Months After Filing His Case Read More »