ARBchek - Arbitrator Research Base

1. Hai v. CIG Securities FINRA ID #25-00794 (Detroit, MI, 2025-09-29) – A Panel grants Respondents Pre-Hearing Motion to Dismiss pursuant to FINRA Rule 13504 (Res Judicata) after finding that the claims presented haven been brought or should have been brought in a previous arbitration proceeding (Docket No. 22-01542 issued 12/22) and are barred by the theory of res judicata.

2. Davis v. WFP Securities FINRA ID #24-02060 (Las Vegas, NV, 2025-10-03) – A customer loses her case against Respondents on statute of limitations grounds and the theory of res judicata (FINRA Rules 12206 and 12504) as the occurrence or event giving rise to the claim occurred more than 6 years ago and said customer previously brought her claims in FINRA Arbitration Case No. 10-00507. The customer was also assessed monetary sanctions in the form of attorney fees and costs pursuant to FINRA Rule 12212 (Discovery) to be paid to one named Respondent broker.

3. Read v. Stifel Nicolaus FINRA ID #22-01868 (New York, NY, 2025-09-24) – A Panel awards two customers over $1 million in compensatory damages and assesses an additional $10,000 against Respondent broker-dealer as a monetary sanction relating to said customers' Motion to Exclude.