According to InvestmentNews, the panel’s award included about $5.375 million in compensatory damages plus $125,000 in costs.

A three-person arbitration panel overseen by FINRA Dispute Resolution Services last March stunned the financial advice ...

Kyle Blackmon had been seeking nearly $20 million for alleged negligence and mismanagement of his employee stock options.

Compass priced its IPO at $18 a share in April 2021. The stock declined sharply in the months that followed and later fell to about $2 in 2023 before recovering above $10.

Compass agent Kyle Blackmon just made a pretty penny off his company’s stock. But it wasn’t for selling high or buying low. The veteran New York City luxury broker was awarded $5.5 million by a ...

Advisors caught between Ameriprise and LPL seek court pause while FINRA arbitration proceeds on client data dispute case ...

Many advisers who have been involved in arbitration cases are welcoming a move to give investors the option of having all-public arbitration panels. But plaintiff's attorneys fear that the pilot ...

Ethan A. Brecher writes: The consequences to a Financial Industry Regulatory Authority registered representative for not paying an adverse arbitration award can be career-threatening, yet non-payment ...