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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
WSS’s Philadelphia Office Prevails on Motion for Summary Judgment Involving Novel Legal Issue on behalf of Home Inspector in Philadelphia Court of Common Pleas
On April 13, 2022, Joel Wertman and Doug Fogle of Winget, Spadafora & Schwartzberg LLP’s Philadelphia, Pennsylvania office successfully secured summary judgment in favor of their client, a home inspector operating in Philadelphia County. The matter involved multiple oral arguments, substantial briefing, and additional motion practice to include a request for reconsideration or to certify […] More
WSS Wins Coast to Coast Arbitrations in Two Separate Matters Within Weeks of Each Other
WSS attorneys recently secured two complete defense Awards for a national broker-dealer in two separate arbitrations, one in Boca Raton, FL and one in Portland, OR. The Boca Raton arbitration was a customer dispute in which the Claimant asserted causes of action arising out of the sale of various alternative products, including non-traded REIT’s and […] More
