Christina M. Rieker, Esq. of Winget, Spadafora & Schwartzberg, LLP’s New York office received a directed verdict in favor of the firm’s brokerage firm client related to claims of misrepresentation and omission of accurate pricing of securities on the brokerage firm’s online platform. The customer in the proceeding alleged that the brokerage firm intentionally and/or negligently […] More
Massachusetts Supreme Judicial Court Expands Duty of Broker-Dealer Firms Beyond Regulation BI to Now Include Fiduciary Standard
On an appeal from a Massachusetts Securities Division (“MSD”) administrative action, the Massachusetts Supreme Judicial Court (“SJC”) held on August 25, 2023 that online brokerage firm Robinhood Financial LLC violated the Massachusetts Uniform Securities Act by engaging in “unethical or dishonest conduct.” MSD defines this phrase to require broker-dealers that provide investment advice to retail […] More
We are excited to announce the relocation of our California office to a new state of the art office. Effective June 29, 2023, our CA office address is as follows: 1800 Century Park East, Suite 205, Los Angeles, CA 90067 More
Congratulations to Douglas Fogle, an associate in the WSS Philadelphia office, who was selected as the only 2023 Rising Star in the category of Securities Litigation in the state of Pennsylvania. Each year, no more than 2.5 percent of the lawyers in the state are selected by the research team at Super Lawyers to receive […] More
Winget, Spadafora & Schwartzberg, LLP is proud to announce that we have achieved Mansfield Certification!
Winget Spadafora & Schwartzberg, LLP is pleased to be among the 70 midsized law firms selected for Mansfield Certification. The selection was a culmination of a rigorous 18-month collaboration to track, measure, and achieve diversity in leadership. This achievement for WSS further demonstrates its commitment to diversity, equity and inclusion and boosting representation in firm […] More
Our client is a national broker-dealer which was originally named as a defendant in an action filed in Pennsylvania state court. This difficult claim arose from an unfortunate but all too common series of tragic events. Plaintiff claimed he suffered from cognitive impairment and was duped by fraudsters who convinced him he won an overseas […] More