FINRA’s arbitration process has an increased focus after a recent court ruling found that the process wasn’t entirely as neutral as the agency claims. In February, two former Wells Fargo customers won a court decision against Wells Fargo that ruled the bank had been involved in subtle manipulation of FINRA’s…
Articles Posted in FINRA Arbitration
Wells Fargo Alleged To Have Manipulated FINRA Arbitration Process
Wells Fargo and its counsel were found to have manipulated the FINRA arbitration process, according to a Georgia state court, which in January, 2022 vacated an arbitration award in favor of Wells Fargo. The Public Investors Advocate Bar Association (PIABA) and its president called for an investigation by the SEC…
Silver Law Group Files Claim On Behalf Of Investor In PB Investment Holdings Ltd. (PBIHL), A Northstar Bermuda Product
Silver Law Group has filed a FINRA arbitration claim against Cetera on behalf of a client who invested $1 million in PB Investment Holdings Ltd. (PBIHL), a Northstar Bermuda product. East West Bank Refers Client To Cetera Our client is a retired Chinese national in her 70s who worked hard…
GWG Holdings L Bonds Securities Arbitration Claims
GWG L Bonds are a relatively new financial product that purportedly offers higher yields than typical publicly-traded, fixed-income bonds. These bonds have significant risk and are not like traditional corporate bonds and other conservative investments. Silver Law Group has been retained by investors to pursue securities arbitration claims against brokerage…
Did You Invest With Aegis Capital?
FINRA recently sanctioned Aegis Capital (CRD# 15007) and issued a Letter of Acceptance, Waiver & Consent (AWC) following an investigation into the company’s business practices. This case originated from a customer arbitration complaint and a FINRA review of the firm. In its investigation, FINRA found that: From July 2014 through…
FINRA Requires Brokerage Firms To Have Proper Supervisory Systems
Robert Foley (Robert Patrick Foley CRD# 6060234) is a broker and investment advisor whose last known employer was Wynston Hill Capital, LLC (CRD#:103811) of Red Bank, NJ. Previous employers include Maxim Group LLC (CRD#:120708) of New York, NY, Pruco Securities, LLC. (CRD#:5685) of Paramus, NJ, and Metlife Securities Inc. (CRD#:14251)…
Silver Law Group Files Securities Arbitration Claims For Northstar Financial Services (Bermuda) Investors
Northstar Financial Services (Bermuda) offered investment and annuity-type products to investors outside the United States. The company was based in Bermuda and claimed to offer various benefits such as tax shelters that were not available to U.S.-based investors. Northstar relied on a network of financial advisors and brokerage firms across…
Northstar Financial Services (Bermuda) Investment Loss Attorneys
Silver Law Group represents Northstar Financial Services (Bermuda) investors and has filed arbitration claims against brokerage firms that improperly sold Northstar products to investors. Silver Law Group’s clients allege that the selling firms pitched Northstar as a safe, conservative investment that was comparable to bank certificates of deposit (CDs), and…
Northstar Financial Services (Bermuda) Investment Losses
Silver Law Group represents and has filed arbitration claims against financial advisors on behalf of investors who purchased investments issued by Northstar Financial Services (Bermuda) Ltd. These products include, but are not limited to: Global Interest Accumulator Global Advantage Plus Series Global Advantage Select Global VIP Elite Global Index Product…
Can I Recover My GWG L Bond Losses?
Sources say that GWG Holdings is preparing to file Chapter 11 bankruptcy, which would likely lead GWG L Bonds investors to suffer a significant loss of their principal. Silver Law Group currently represents GWG L Bonds investors in claims against the selling brokerage firm, and may be able to help…