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.
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,
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,
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;