UPDATE: ARBchek 2012-03 SELECTED AWARDS OF INTEREST

1) ADKO Investors v. Capwest Securities, FINRA ID # 09-06962 (Denver, CO, 1/13/2012) – A Panel awards more than $9 million in damages, including more than $1 million in attorney fees, to a group of customers who invested in Provident Royalties LLC, Medical Capital Corp. and DBSI, Inc.

2) PCF LLC v. Kring, FINRA ID # 11-00106 (Tampa, FL, 1/13/2012) – A Panel explains its decision to dismiss two customers’ claims arising from real estate investments without a hearing, based on the existence of a release as to one investment and a finding that Respondents were “not associated” with the other.

3) Gorter v. Questar Capital, FINRA ID # 08-03514 (Louisville, KY, 1/13/2012) – A Panel awards $3.3 million in damages to a broker who alleged that his former employer made defamatory statements about him to his customers and regulators.

4) Minchello v. Citigroup Global, FINRA ID # 09-02800 (Boston, MA, 1/20/2012) – A Panel awards brokers $15.8 million in compensatory damages and sanctions on their claim for unpaid commissions.

5) Mirabelli v. Merrill Lynch, FINRA ID # 10-03400 (Detroit, MI, 1/13/2012) – A Panel awards retired Major League catcher Doug Mirabelli and his wife $800,000 in compensatory damages and $440,000 in attorney fees and costs on their suitability claim.