Court grants in part and denies in part a motion to dismiss, specifically finding that the plaintiff had pled fraud with sufficient particularity to survive dismissal,
Note cases are pretty common these days, but broker-dealers pursuing and winning on indemnification claims against brokers are not so common. This case has both,
By George H. Friedman, SAA Editor-in-Chief
FINRA on November 5 filed with the SEC a long-awaited rule amendment that would give investors greater rights when arbitrating with inactive industry parties.
Remember in August, case filings suddenly shot up to 501 for the month, from an average of about 300 during the first seven months?