A recommendation of an unsuitable security cannot be the basis for a federal securities fraud claim,
EXPLAINED AWARD: TULLIS v. AMERIPRISE FINANCIAL SERVICES, INC., FINRA ID #16-01261 (Portland, OR, 6/27/17).
This Award includes a so-called “Dissenting Decision” that is largely a concurrence fleshing out in detail the majority’s one paragraph “Findings” in favor of the customer claimants;
By George H. Friedman*
While he prays he is not correct, the author fears that … both the stock and bond markets will crash at the same time.