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Explained Award Favors Customer in Flubbed Order Execution: Martin v. Wells Fargo Advisors LLC
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Martin v. Wells Fargo Advisors LLC, FINRA ID #14-02593 (Atlanta, GA, 12/16/15).

It’s been our observation that Explained Awards in customer-initiated cases occur primarily when the customer loses.

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Award Mini-Survey – Selling Away
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One of the headaches that broker-dealers and their supervisory personnel face concerns the errant broker who sells securities “off the books” without notifying his employer,

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Family Fracas Suggests Supervision Slip: Garrison v. SagePoint Financial, Inc.
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By William D. Nelson

To establish a claim for negligent supervision under Washington law, a plaintiff must show that a representative acted outside the scope of his employment with the defendant,

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Stifel Sails Away Safely From Selling Away Suit: Owens vs. Stifel, Nicolaus & Co., Inc.
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No. 7:12-cv-144 (M.D. Ga., 6/5/14). Selling Away * Supervisory Duties * Misrepresentations/Omissions * Negligence, Actionable * SRO Rules (FINRA Rules 2111, 2310, 3010, 3030,

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Supervisors’ Signals Mixed Means SEC Suit Must Be Nixed: SEC v. Ginder & O’Meally
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No. 13-1116 (2nd Cir., 5/19/14). FRCP (Rule 50) * 1933 Act (§17(a)(2)–(3)) * Negligence, Actionable * Product/Sales Practice Issues (Mutual Funds) * Trading Issues (Market Timing) * Standard of Review (De Novo) * Fiduciary Standards (Brokers) * Enforcement Practice/Procedure * Culpability Issues (Scienter;

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