Mihalek Law A Securities Arbitration & Litigation Firm
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March 2015 Archives

Many securities issues resolved via arbitration

When a stockbroker does something illegal with the investments of a client it is possible that they could face legal ramifications. An investor may even be able to recover some of the money lost. Unlike in other types of legal actions where a lawsuit is filed, disputes of this nature are often settled via arbitration. Though arbitration is a term that many have likely heard they may not know what it actually means. 

Broker accused of taking $1 million from retired couple

In our last post we wrote about the actions Financial Industry Regulatory Authority has taken in response to the number of cases of elder abuse it saw in 2014. According to a recent study there was an increase in the number of fines that FINRA imposed related to this activity last year. In this post we provide an example of a situation that could prompt such an action.