Our clients are a national broker-dealer and its registered representatives who were alleged to have engaged in unauthorized and excessive trading in the client’s brokerage accounts. We were able to establish that the trades were authorized and the accounts were not excessively traded leading to a denial of Claimant’s claims in their entirety. The representatives will now have a separate expungment hearing on their request that the complaints be removed from their FINRA BrokerCheck report.
Winget, Spadafora & Schwartzberg, LLP and its Securities Practice Group are constantly focused on identifying new and insightful ways to defend claims in the securities industry to ensure our clients are getting the most cutting-edge defense strategies available.
