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WSSLLP’s Philadelphia Office Wins Defense Award in FINRA Arbitration Seeking Monetary Damages and Expungement for Alleged Defamation
The firm’s client is a national broker-dealer which was a Respondent in a FINRA arbitration where Claimant sought monetary damages of $676,000. He also sought expungement of the disclosure of his involuntary termination and reason for the termination from his publicly available broker-check report. Claimant alleged that his broker-dealer defamed him when it completed the […] More
WINGET, SPADAFORA & SCHWARTZBERG, LLP IS PLEASED TO ANNOUNCE THAT CHARLES B. LACHAUSSEE HAS JOINED THE FIRM
Charles “Chip” LaChaussee has joined the firm’s Los Angeles Office as a partner. Mr. LaChaussee is a highly accomplished litigation attorney, who has defended claims against, and prosecuted claims on behalf of, broker-dealers his entire career. As former in-house counsel to several financial institutions, he brings a distinctive set of skills, experiences, and insights to […] More
WSS Secures Dismissal of Securities Fraud Claims Against National Brokerage Firm
On July 7, 2022, Winget Spadafora & Schwartzberg, LLP successfully secured the dismissal of a securities fraud lawsuit filed against the firm’s client, a national brokerage firm, in the United States District Court, Southern District of New York. The plaintiff in the lawsuit alleged that the firm breached Rule 10b-5 of the Securities and Exchange […] More
Winget Spadafora Schwartzberg, LLP Partner, Jessica Levine, Secures Expungement Award Finding GPB Related Claims False and Clearly Erroneous
The firm’s client, a registered representative of a national broker-dealer, received a customer complaint relating to the customer’s investments in two limited partnerships offered by GPB Capital Holdings, Inc. (“GPB”). The customer complaint alleged that the registered representative: (1) did not discuss the commissions he received from selling the GPB investments; (2) did not warn […] More
Federal Court Denies Motion for TRO Sought Against Firm’s Client In Case Handled By WSSLLP Philadelphia Office
The firm’s client is an investment advisor representative who resigned from his prior investment advisory firm in May of 2022. Almost one month after his resignation his prior firm filed pleadings in federal court in Maryland seeking a temporary restraining order, a preliminary injunction, and monetary damages. It claimed that he misappropriated its trade secrets […] More
FINRA Arbitration Panel Denies Claimants’ ARC REIT Claims as Clearly Erroneous in Matter Handled by WSSLLP’s Philadelphia Office
The firm’s client is a registered representative of a national broker-dealer which was a Respondent in a FINRA arbitration. Claimants’ alleged causes of action included suitability, failure to disclose risks, and lack of diligence relating to the recommendation of various ARC REITs. The arbitration claims were settled and our client requested expungement of the customer […] More
