UPDATE : ARBchek

This Report is a product of Securities Arbitration Commentator, Inc.

New Award Briefs

Report Dated: 2019-01-15

2019-01

Primary Sort

Secondary Sort

Dispute Information

Damages*

TypeDisp

CustomerMember

Allegation I

Suitability

Short Caption

Manson v. Berthel Fisher

Allegation II

Misreprestn

Forum

FINRA

Allegation III

Supervision

Docket No

16-03759

Products

DirectInvesmts; REITs

Issue Date

2018-12-11

Situs

Phoenix

State

AZ

Clmd Compensatory

828.3

Total Amt Awarded

200.0

Compensatory Awarded

100.0

Punitive Damage Awarded

100.0

Attorney Fees Awarded

0.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A customer is awarded $200,000 in damages (inclusive of punitive damages) relating to investments in the United Development Funding IV alleged Ponzi scheme, Ridgewood Capital Fund IVB, REITs and various limited partnerships.

Notes

Punitive Damages Awarded. Majority Public Panel. Arbitrator Remarks -- Case law cited.

People & Entities

Arbitrators

John H. Fearnow - Chair; Virginia H. Wertz, RHU; Brian W. Yee, PhD

Broker-Dealers Named

Berthel Fisher & Company Financial Services Incorporated

Professionals

  • Cs: Christopher D. Lonn, Jennings Strouss & Salmon, Phoenix, AZ.
  • Rs: (BF&CFSInc & RD) Stephen J. Holtman, Simmons Perrine et al., Cedar Rapids, IA. OSC.

TypeDisp

CustomerMember

Allegation I

UnauthTdg

Short Caption

El Capitan v. TD Ameritrade

Allegation II

BreachContract

Forum

FINRA

Allegation III

Negligence

Docket No

15-02387

Products

Equity; Margin

Issue Date

2018-12-14

Situs

San Francisco

State

CA

Clmd Compensatory

0.0

Total Amt Awarded

0.0

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

0.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A customer loses its claim relating to the alleged unauthorized and unnecessary trades in Cs portfolio margin account by Respondent broker-dealer and is found liable to Respondent broker-dealer for breach of contract on the Counterclaim.

Notes

Majority Non-Public Panel. Panel composition issue.

Arbitrators

Jeffrey M. Allen, Esq. - Chair; Lawrence R. Mills; Anne M. Lawlor Goyette

Broker-Dealers Named

TD Ameritrade Incorporated

Professionals

  • Cs: Samuel B. Edwards, Shepherd Smith et al., Houston, TX.
  • Rs: (TDAInc) Neil Baritz, Baritz & Colman, Boca Raton, FL. OSC.

TypeDisp

CustomerMember

Allegation I

Misreprestn

Short Caption

Caidar v. Morgan Stanley

Allegation II

Supervision

Forum

FINRA

Allegation III

Negligence

Docket No

15-03238

Products

MutualFunds

Issue Date

2018-12-13

Situs

Los Angeles

State

CA

Clmd Compensatory

250.0

Total Amt Awarded

32.7

Compensatory Awarded

32.7

Punitive Damage Awarded

0.0

Attorney Fees Awarded

0.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

Customers prevail on their claims relating to their allegation that Rs switched Cs out of four mutual funds and invested the sale proceeds in 12 different mutual fund families, which allegedly caused Cs to pay commissions and prevented Cs from taking advantage of cost savings through mutual fund breakpoints.

Notes

All-Public Panel.

Arbitrators

Thomas R. Watkins - Chair; Elliott David Finkel, Esq.; Constance Ellen Boukidis

Broker-Dealers Named

Morgan Stanley

Professionals

  • Cs: Bruce D. Oakes, Oakes & Fosher, St. Louis, MO.
  • Rs: (MSSBLLC) Nicholas Y. Lin, Morgan Stanley Legal & Compliance Division, San Francisco, CA. ISC.

TypeDisp

EmployeeMember

Allegation I

Reformation(U-5)

Short Caption

Shaw v. Summit Brokerage

Allegation II

Defamation

Forum

FINRA

Allegation III

Docket No

16-03708

Products

NP

Issue Date

2018-12-13

Situs

San Francisco

State

CA

Clmd Compensatory

Equity

Total Amt Awarded

Equity

Compensatory Awarded

Equity

Punitive Damage Awarded

0.0

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

Claimant broker wins Reformation of his Form U-5 after alleging that Respondents wrongly accused Cs of operating an outside business activity without approval while he was employed by Summit.

Notes

Selling Away case. Arbitrator Remarks -- Reformation U-5 granted.

Arbitrators

Alden Sharp Adkins - Chair; Hon. Michelle Judy Brant, Esq.; Roland Neil Burgess

Broker-Dealers Named

Summit Brokerage Services Incorporated

Professionals

  • Cs: (LAS) Garet D. O'Keefe, O'Keefe & O'Keefe, Berkeley, CA.
  • Rs: (NJA, FGF, PAM, RJR & SBSInc) Michael Schwartzberg, Winget Spadafora & Schwartzberg, New York, NY. OSC.

TypeDisp

CustomerMember

Allegation I

Misreprestn

Short Caption

Ionta v. Mid Atlantic

Allegation II

Supervision

Forum

FINRA

Allegation III

Negligence

Docket No

17-00606

Products

DirectInvesmts

Issue Date

2018-12-10

Situs

Los Angeles

State

CA

Clmd Compensatory

500.0

Total Amt Awarded

177.6

Compensatory Awarded

177.6

Punitive Damage Awarded

0.0

Attorney Fees Awarded

0.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A customer prevails on his claims relating to a direct private placement, JADDA Secured Senior Mortgage Fund LLC.

Notes

Majority Public Panel.

Arbitrators

Richard Maurice Robinson - Chair; Claudia Mai Morehead; Robert Bruce MacDonald

Broker-Dealers Named

Mid Atlantic Capital Corporation

Professionals

  • Cs: Bruce D. Oakes, Oakes & Fosher, St. Louis, MO.
  • Rs: (MACCorp) Andrew Stanton, Jones Day LLP, Pittsburgh, PA. OSC.

TypeDisp

SmallClms

Allegation I

Misreprestn

Short Caption

Nagesetty v. TD Ameritrade

Allegation II

BreachContract

Forum

FINRA

Allegation III

Mark-ups

Docket No

17-02665

Products

Equity; Margin

Issue Date

2018-12-13

Situs

San Francisco

State

CA

Clmd Compensatory

19.0

Total Amt Awarded

0.0

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

In this small claims case, an Arbitrator denies Claimant Trust's request for damages as a result of an alleged failure to honor a reduced margin rate in one of their accounts by Respondent.

Notes

Directed Verdict -- Full Dismissal.

Arbitrators

Daniel M. Yamshon, Esq.

Broker-Dealers Named

TD Ameritrade Incorporated

Professionals

  • Cs: Rick Conway, Encompass Wealth Advisors LLC, Incline Village, NV.
  • Rs: (TDAInc) James J. Vihstadt, Omaha, NE. ISC.

TypeDisp

MemberEmployee

Allegation I

LoanDefault

Short Caption

Morgan Stanley v. Valladolid

Allegation II

BreachContract

Forum

FINRA

Allegation III

Docket No

17-02770

Products

PromissoryNote

Issue Date

2018-12-11

Situs

San Diego

State

CA

Clmd Compensatory

218.8

Total Amt Awarded

251.6

Compensatory Awarded

218.8

Punitive Damage Awarded

Attorney Fees Awarded

13.6

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A broker is held liable to Claimant broker-dealer for the amounts due and owing on two promissory notes. The Arbitrator provides a brief explanation as to why damages to Claimant are appropriate.

Notes

Arbitrator Remarks -- Explained Award.

Arbitrators

Mandel E. Himelstein, Esq.

Broker-Dealers Named

Morgan Stanley Smith Barney FA Notes Holdings LLC; Morgan Stanley

Professionals

  • Cs: (MSSBLLC & MSSBFANHLLC) Shannon L. McDougald, McDougald Law Group PS, Bellevue, WA. OSC.
  • Rs: (GWV) None.

TypeDisp

EmployeeMember

Allegation I

Expungement(CRD)

Short Caption

Jackson v. Merrill Lynch

Allegation II

Forum

FINRA

Allegation III

Docket No

18-01153

Products

Equity

Issue Date

2018-12-13

Situs

Los Angeles

State

CA

Clmd Compensatory

0.0

Total Amt Awarded

Equity

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A broker wins expungement of one customer complaint from his CRD record but loses his request regarding another customer complaint pursuant to FINRA Rule 13203(a).

Notes

Arbitrator Remarks -- Expungement granted.

Arbitrators

George L. Tindall

Broker-Dealers Named

Merrill Lynch Pierce Fenner & Smith Incorporated

Professionals

  • Cs: (KCJ) Michelle Atlas, HLBS Law, Westminster, CO.
  • Rs: (MLPFSInc) Randi Perry Spallina, Bressler Amery & Ross, Fort Lauderdale, FL. OSC.

TypeDisp

EmployeeMember

Allegation I

Expungement(CRD)

Short Caption

Lucia v. Lucia Securities

Allegation II

Forum

FINRA

Allegation III

Docket No

18-02167

Products

*

Issue Date

2018-12-13

Situs

San Diego

State

CA

Clmd Compensatory

0.0

Total Amt Awarded

Equity

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A broker wins expungement of a civil complaint from his CRD record.

Notes

Arbitrator Remarks -- Expungement granted.

Arbitrators

Mark R. Lee

Broker-Dealers Named

Lucia Securities LLC

Professionals

  • Cs: (RJL) Robert J. Moses, RJM Counsel PLLC, New York, NY.
  • Rs: (LSLLC) Viktoria Palermo, Chief Compliance Officer, San Diego, CA. ISC.

TypeDisp

CustomerMember

Allegation I

Misreprestn

Short Caption

Everson v. Edward Jones

Allegation II

Supervision

Forum

FINRA

Allegation III

BreachFiducDty

Docket No

16-00293

Products

NP

Issue Date

2018-12-13

Situs

Denver

State

CO

Clmd Compensatory

280.0

Total Amt Awarded

0.0

Compensatory Awarded

0.0

Punitive Damage Awarded

0.0

Attorney Fees Awarded

0.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

An All-Public Panel finds that Claimants were not customers of Respondent broker-dealer Edward Jones and denies their claims relating to the alleged failure to distribute the assets of securities accounts pursuant to Transfer on Death Beneficiary Designations.

Notes

Pre-Hearing Adjudication -- Party Dismissal. All-Public Panel. Arbitrator Remarks.

Arbitrators

Marilyn R. Lewis, Esq. - Chair; IIene T. Gormly, Esq.; Carol L. Roslund

Broker-Dealers Named

Edward Jones & Company Limited Partnership dba Edward Jones

Professionals

  • Cs: James Thomaidis, Gersh & Thomaidis, Denver, CO.
  • Rs: (EJ&CLP) Thomas H. Wagner, Polsinelli PC, Denver, CO. OSC.
  • Rs: (RLM) Angelina T. Evans, Palmer Lombardi & Donohue, Los Angeles, CA.

TypeDisp

EmployeeMember

Allegation I

Compensatn

Short Caption

Weitzman v. Silver Leaf

Allegation II

BreachContract

Forum

FINRA

Allegation III

WrongTerm

Docket No

16-01459

Products

NP

Issue Date

2018-12-11

Situs

Denver

State

CO

Clmd Compensatory

47.6

Total Amt Awarded

0.0

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

Claims alleging breach of contract and wrongful termination, among other things, claims are denied by the Panel for the broker's failure to comply with the Panel's Orders regarding the filing of his Statement of Claim and providing availability for hearing dates in this matter.

Notes

Pre-Hearing Adjudication -- Full Dismissal. Sanctions imposed.

Arbitrators

Samuel L. McClaren, Esq. - Chair; Wendy P. Rouder; Martin M. Berliner, Esq.

Broker-Dealers Named

Silver Leaf Partners LLC; JP Turner & Company LLC; Moores Creek Capital Partners LLC

Professionals

  • Cs: (TAW) None.
  • Rs: (SLPLLC) Fyzul Khan, New York, NY. ISC.
  • Rs: (RNM) None.
  • Rs: (KM & FG) No-show. -- Did not voluntarily submit to arbitration.
  • T-Pty Cs: (SLPLLC) Fyzul Khan, New York, NY. ISC.
  • T-Pty Rs: (JPT&CLLC) Eric A. Michaels, Saretsky Hart et al., Birmingham, MI. OSC.
  • T-Pty Rs: (MCCPLLC) No-show. -- Did not voluntarily submit to arbitration.

TypeDisp

EmployeeMember

Allegation I

Expungement(CRD)

Short Caption

Walters v. LPL Financial

Allegation II

Defamation

Forum

FINRA

Allegation III

Docket No

18-00658

Products

NP

Issue Date

2018-12-12

Situs

Wilmington

State

DE

Clmd Compensatory

0.0

Total Amt Awarded

Equity

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A broker wins expungement of three customer complaints from his CRD record.

Notes

Arbitrator Remarks -- Expungement granted.

Arbitrators

Diane Ciccone, Esq.

Broker-Dealers Named

LPL Financial LLC

Professionals

  • Cs: (WRW) Dochtor Kennedy, AdvisorLaw LLC, Westminster, CO.
  • Rs: (LPLFLLC) Jon D. Kaplan, Boston, MA. ISC.

TypeDisp

MemberEmployee

Allegation I

Raiding

Short Caption

Charles Schwab v. Wegner

Allegation II

TakingRecord

Forum

FINRA

Allegation III

InjunctiveRelief

Docket No

16-03679

Products

NP

Issue Date

2018-12-12

Situs

Orlando

State

FL

Clmd Compensatory

59.0

Total Amt Awarded

0.0

Compensatory Awarded

0.0

Punitive Damage Awarded

0.0

Attorney Fees Awarded

0.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

Claimant broker-dealer Charles Schwab loses its raiding claim and request for injunctive relief against Respondent broker.

Notes

Raiding case.

Arbitrators

Cindy L. Anderson, Esq. - Chair; Joseph I. Goldstein; Elwood Henry Weilage

Broker-Dealers Named

Charles Schwab & Company Incorporated

Professionals

  • Cs: (CS&CInc) Michael R. Greco, Fisher & Phillips, Denver, CO. OSC.
  • Rs: (JRW) Clinton W. Marrs, Marrs Griebel Law, Albuquerque, NM.

TypeDisp

CustomerMember

Allegation I

Misreprestn

Short Caption

Smith v. Crystal Bay

Allegation II

Supervision

Forum

FINRA

Allegation III

Negligence

Docket No

18-00218

Products

REITs

Issue Date

2018-12-10

Situs

Boca Raton

State

FL

Clmd Compensatory

47.0

Total Amt Awarded

167.6

Compensatory Awarded

136.2

Punitive Damage Awarded

25.0

Attorney Fees Awarded

Equity

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A customer alleging elder abuse, among other things, wins her claims against Respondents and is awarded rescission of her investments, along with an award of punitive damages, attorney fees and costs. The Panel also found Respondents liable to customer for monetary sanctions for their multiple failures to comply with discovery obligations.

Notes

Damage Anomaly. Punitive Damages Awarded. Statutory Damages Awarded. Sanctions imposed. Rescission Granted. Majority Public Panel. Arbitrator Remarks.

Arbitrators

Barth Satuloff, CPA - Chair; Thomas Fred Meyer; Les R. Campbell

Broker-Dealers Named

Crystal Bay Securities Incorporated aka RSG Capital Corporation

Professionals

  • Cs: Walter J. Mathews & Jorge L. Riera, Mathews Giberson LLP, Fort Lauderdale, FL.
  • Rs: (CBSInc & RG) Cristopher S. Rapp, Kelley Kronenberg PA, West Palm Beach, FL. OSC.

TypeDisp

EmployeeMember

Allegation I

Expungement(CRD)

Short Caption

Carter v. Raymond James

Allegation II

Forum

FINRA

Allegation III

Docket No

18-00857

Products

NP

Issue Date

2018-12-10

Situs

Jacksonville

State

FL

Clmd Compensatory

0.0

Total Amt Awarded

Equity

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A broker is awarded expungement of a customer complaint from her CRD record.

Notes

Arbitrator Remarks -- Expungement granted.

Arbitrators

John P. Cullem, Esq.

Broker-Dealers Named

Raymond James Financial Services Incorporated

Professionals

  • Cs: (MFC) Dochtor Kennedy, AdvisorLaw LLC, Westminster, CO. and Armin Sarabir, HLBS Law, Westminster, CO.
  • Rs: (RJFSInc) Brandy Pikus, St. Petersburg, FL. ISC.

TypeDisp

CustomerMember

Allegation I

FailToObey

Short Caption

Moskowitz v. E*Trade Securities

Allegation II

MarginLiqdn

Forum

FINRA

Allegation III

BreachFiducDty

Docket No

18-00915

Products

Equity; Margin

Issue Date

2018-12-14

Situs

Boca Raton

State

FL

Clmd Compensatory

258.9

Total Amt Awarded

75.0

Compensatory Awarded

75.0

Punitive Damage Awarded

0.0

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

Respondent broker-dealer is found liable for failing to timely notify client (or liquidate account) when account equity fell below margin requirements and is ordered to pay Claimant $75,000 in compensatory damages. Respondent's Counterclaim for margin balance due is denied.

Notes

All-Public Panel. Arbitrator Remarks.

Arbitrators

Ellen J. Abrams - Chair; William Kent Brown, Esq.; Marvin S. Lava, Esq.

Broker-Dealers Named

E*Trade Securities LLC

Professionals

  • Cs: Pro se.
  • Rs: (E*TSLLC) Meredith F. Hoffman, Vice President, Roseville, CA. ISC.

TypeDisp

EmployeeMember

Allegation I

Expungement(CRD)

Short Caption

Leyda v. Raymond James

Allegation II

Forum

FINRA

Allegation III

Docket No

18-02076

Products

MuniSecs

Issue Date

2018-12-14

Situs

Boca Raton

State

FL

Clmd Compensatory

Equity

Total Amt Awarded

Equity

Compensatory Awarded

Equity

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

Claimant broker wins expungement of a customer complaint from his CRD record involving the alleged unauthorized trading of municipal bonds.

Notes

Arbitrator Remarks -- Expungement granted.

Arbitrators

Robert Lawrence Ostrov - Chair; Andrew Jay Kohan; Bonnie A. Pearce

Broker-Dealers Named

Raymond James & Associates Incorporated

Professionals

  • Cs: (THL) Jarrod J. Malone & Brandon B. Taafe, Shumaker Loop & Kendrick, Sarasota, FL.
  • Rs: (RJ&AInc) Stanton A. Fears, St. Petersburg, FL. ISC.

TypeDisp

EmployeeMember

Allegation I

Expungement(CRD)

Short Caption

Jones v. M Holdings

Allegation II

Forum

FINRA

Allegation III

Docket No

18-02404

Products

LifeInsurance

Issue Date

2018-12-10

Situs

Boca Raton

State

FL

Clmd Compensatory

0.0

Total Amt Awarded

Equity

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

The Arbitrator awards Claimant expungement of a customer complaint from his CRD record.

Notes

Arbitrator Remarks -- Expungement granted.

Arbitrators

Gary M. Landau, Esq.

Broker-Dealers Named

M Holdings Securities Incorporated

Professionals

  • Cs: (RMJ) Benjamin J. Biard, Winget Spadafora Schwartzberg, Miami, FL.
  • Rs: (MHSInc) Susan Provencher, Portland, OR. ISC.

TypeDisp

EmployeeMember

Allegation I

Expungement(CRD)

Short Caption

Thompson v. Wells Fargo

Allegation II

Forum

FINRA

Allegation III

Docket No

18-01024

Products

VariableAnnuities; MutualFunds

Issue Date

2018-12-11

Situs

Atlanta

State

GA

Clmd Compensatory

0.0

Total Amt Awarded

Equity

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

Claimant broker wins expungement of three customer complaints from his CRD record.

Notes

Arbitrator Remarks -- Expungement granted.

Arbitrators

James C. Hoover, Esq.

Broker-Dealers Named

Wells Fargo Clearing Services LLC

Professionals

  • Cs: (TST) Dochtor Kennedy & Erica Harris, AdvisorLaw LLC, Westminster, CO.
  • Rs: (WFCSLLC) Deirdre Wolff, Wells Fargo Legal Department, St. Louis, MO. ISC.

TypeDisp

CustomerMember

Allegation I

BreachFiducDty

Short Caption

Hink v. National Securities

Allegation II

Supervision

Forum

FINRA

Allegation III

Negligence

Docket No

17-01734

Products

Equity

Issue Date

2018-12-11

Situs

Indianapolis

State

IN

Clmd Compensatory

0.0

Total Amt Awarded

Equity

Compensatory Awarded

Equity

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A customer settles his claims with Respondents relating to his allegation that Respondent broker improperly advised him to invest in various high-risk stocks, including Aramin Corporation, rather than Facebook, per Claimant's original request leading Cs to lose approximately 30% of his life savings.

Notes

This is a Stipulated Award. All-Public Panel. Arbitrator Remarks -- Expungement granted.

Arbitrators

Donald Glen Russell - Chair; Raymond P. Buschmann, Esq.; Michael Charles Peek

Broker-Dealers Named

National Securities Corporation

Professionals

  • Cs: Lars K. Soreide, Soreide Law Group, Pompano Beach, FL.
  • Rs: (NSCorp & VJM) Benjamin Biard, Winget Spadafora Schwartzberg LLP, Miami, FL. OSC.

TypeDisp

CustomerMember

Allegation I

Suitability

Short Caption

Vanzant v. Commonwealth Financial

Allegation II

Misreprestn

Forum

FINRA

Allegation III

Supervision

Docket No

17-01206

Products

Equity

Issue Date

2018-12-10

Situs

Charlotte

State

NC

Clmd Compensatory

752.0

Total Amt Awarded

550.0

Compensatory Awarded

550.0

Punitive Damage Awarded

0.0

Attorney Fees Awarded

0.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A customer wins over $500,000 in compensatory damages from Respondent broker-dealer and broker relating to the rollover by Claimant of his shares of Lowe's Companies Inc. stock into 72(t) Individual Retirement Accounts.

Notes

Big $s. All-Public Panel.

Arbitrators

Mary E. Woytek, Esq. - Chair; James A. Hayes; James F. Major, DDS

Broker-Dealers Named

Commonwealth Financial Network

Professionals

  • Cs: Jonathan E. Neuman, Law Offices of J.E. Neuman, Fresh Meadows, NY.
  • Rs: (CFNInc & JAK) Peter B. King & Robert K. Jamieson, Wiand Guerra King PA, Tampa, FL. OSC.

TypeDisp

EmployeeMember

Allegation I

Expungement(CRD)

Short Caption

Homes v. Merrill Lynch

Allegation II

Defamation

Forum

FINRA

Allegation III

Docket No

18-00194

Products

*

Issue Date

2018-12-10

Situs

Raleigh

State

NC

Clmd Compensatory

0.0

Total Amt Awarded

Equity

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

Claimant broker wins expungement of two customer complaints from his CRD record.

Notes

Arbitrator Remarks -- Expungement granted.

Arbitrators

Stuart K. Furman

Broker-Dealers Named

Merrill Lynch Pierce Fenner & Smith Incorporated

Professionals

  • Cs: (GRH) Eric Litow & Dochtor Kennedy, AdvisorLaw LLC, Westminster, CO.
  • Rs: (MLPFSInc) Sarah K. Yates, Bressler Amery & Ross, Birmingham, AL. OSC.

TypeDisp

CustomerMember

Allegation I

UnauthTdg

Short Caption

Green v. Merrill Lynch

Allegation II

Suitability

Forum

FINRA

Allegation III

Misreprestn

Docket No

16-00361

Products

Equity

Issue Date

2018-12-11

Situs

Buffalo

State

NY

Clmd Compensatory

250.0

Total Amt Awarded

0.0

Compensatory Awarded

0.0

Punitive Damage Awarded

0.0

Attorney Fees Awarded

0.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

The Panel denies customer's claims relating to Freddie Mac and Fannie Mae stock finding that Claimant failed in his case-in-chief to present any violations against the remaining Respondent.

Notes

Majority Public Panel. Arbitrator Remarks -- Explained Award.

Arbitrators

Kenneth Dymond, Esq. - Chair; Ralph L. Halpern, Esq.; Maryann Donahue-Yadon

Broker-Dealers Named

Bank of America Merrill Lynch; Merrill Edge Advisory Center; Merrill Lynch Pierce Fenner & Smith Incorporated

Professionals

  • Cs: Pro se.
  • Rs: (MLPFSInc) Logan S. Fisher Bressler Amery & Ross, Morristown, NJ. OSC.
  • Rs: (BAML & MEAC) No-show. -- Did not voluntarily submit to arbitration.

TypeDisp

CustomerMember

Allegation I

BreachContract

Short Caption

Congregation Hadas v. TD Ameritrade

Allegation II

Negligence

Forum

FINRA

Allegation III

Docket No

17-01642

Products

*

Issue Date

2018-12-13

Situs

New York

State

NY

Clmd Compensatory

746.5

Total Amt Awarded

0.0

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

Claimant customer loses its breach of contract claim against Respondent broker-dealer. One Arbitrator dissents without explanation.

Notes

All-Public Panel. Arbitrator Remarks -- Dissents without explanation.

Arbitrators

Clive I. Morrick - Chair; Ted M. Rosen, Esq. (Dissents); Deborah Nadine Kaminer

Broker-Dealers Named

TD Ameritrade Incorporated

Professionals

  • Cs: Jonathan E. Neuman, Law Offices of J.E. Neuman, Fresh Meadows, NY.
  • Rs: (TDAInc) Simeon Schopf, Columbia, MD. ISC.

TypeDisp

EmployeeEmployee

Allegation I

Defamation

Short Caption

Schusterman v. Mazzone

Allegation II

BreachContract

Forum

FINRA

Allegation III

DeclaratoryJudgment

Docket No

17-02501

Products

NP

Issue Date

2018-12-12

Situs

New York

State

NY

Clmd Compensatory

0.0

Total Amt Awarded

548.5

Compensatory Awarded

548.5

Punitive Damage Awarded

0.0

Attorney Fees Awarded

0.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

In this Explained Consolidated Award, two brokers alleging breach of contract win damages on their respective claims. However, Respondent broker is ordered to pay Claimant monetary sanctions for discovery violations.

Notes

This is a Consolidated Award. Big $s. Set-Off Award. Sanctions imposed. Arbitrator Remarks -- Case law cited. Explained Award.

Arbitrators

Jill I. Gross, Esq. - Chair; Richard M. Gray; Ariel Berschadsky

Broker-Dealers Named

None.

Professionals

  • Cs: (TS) Debra L. Raskin & Valdi Licul & Thomas Bellifemine, Vladeck Raskin & Clark, New York, NY.
  • Rs: (RAM) Catania Facher & Jessica Breuer, Alonso Andalkar & Facher, New York, NY.

TypeDisp

EmployeeMember

Allegation I

Compensatn

Short Caption

Modico v. Auerbach Grayson

Allegation II

BreachContract

Forum

FINRA

Allegation III

UnjustEnrichment

Docket No

17-02655

Products

NP

Issue Date

2018-12-10

Situs

New York

State

NY

Clmd Compensatory

1662.3

Total Amt Awarded

0.0

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

0.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A broker alleging breach of contract and unjust enrichment, among other things, loses his claim and request for damages in excess of $1 million.

Notes

Arbitrator Remarks -- Explained Award.

Arbitrators

Stephen A. Weiner, Esq. - Chair; Ann C. Northern, Esq.; Doris Christine Lindbergh, Esq.

Broker-Dealers Named

Auerbach Grayson & Company LLC

Professionals

  • Cs: (DTM) Jonathan Sack, Sack & Sack, New York, NY.
  • Rs: (AG&CLLC) Ira G. Rosenstein, Morgan Lewis & Bockius, New York, NY. OSC.

TypeDisp

CustomerMember

Allegation I

BreachContract

Short Caption

Great Vision v. Interactive Brokers

Allegation II

BreachFiducDty

Forum

FINRA

Allegation III

Docket No

17-02994

Products

CorpDebt

Issue Date

2018-12-13

Situs

New York

State

NY

Clmd Compensatory

345.8

Total Amt Awarded

345.8

Compensatory Awarded

345.8

Punitive Damage Awarded

0.0

Attorney Fees Awarded

0.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

Claimant prevails on its breach of contract claim against Respondent broker-dealer relating to trades of various bond notes.

Notes

Majority Public Panel.

Arbitrators

Michael H. DuBoff, Esq. - Chair; John Michael Richardson; Andrew Evan Gelfand

Broker-Dealers Named

Interactive Brokers LLC

Professionals

  • Cs: Ran Mukherjee & Leon Baer Borstein, Borstein Turkel, New York, NY.
  • Rs: (IBLLC) Jason Billy, Washington, DC. ISC.

TypeDisp

EmployeeMember

Allegation I

Expungement(CRD)

Short Caption

Kelly v. National Securities

Allegation II

Defamation

Forum

FINRA

Allegation III

Docket No

18-00657

Products

DirectInvesmts

Issue Date

2018-12-10

Situs

New York

State

NY

Clmd Compensatory

0.0

Total Amt Awarded

Equity

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

An Arbitrator awards Claimant broker expungement of two customer complaints from his CRD record, one complaint involving a private placement offering.

Notes

Arbitrator Remarks -- Expungement granted.

Arbitrators

Joseph J. Arata, Esq.

Broker-Dealers Named

National Securities Corporation

Professionals

  • Cs: (TEK) Michael Bessette & Christopher Cummins, AdvisorLaw LLC, Broomfield, CO.
  • Rs: (NSCorp) Emily A. Hayes, National Holding Corporation, New York, NY. ISC.

TypeDisp

EmployeeMember

Allegation I

Expungement(CRD)

Short Caption

Paul v. Citigroup Global

Allegation II

Forum

FINRA

Allegation III

Docket No

18-01080

Products

Equity; Margin; MutualFunds

Issue Date

2018-12-12

Situs

New York

State

NY

Clmd Compensatory

0.0

Total Amt Awarded

Equity

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A broker wins expungement of three customer complaints from his CRD record.

Notes

Arbitrator Remarks -- Expungement granted.

Arbitrators

Sandra J. Mullings, Esq.

Broker-Dealers Named

Walnut Street Securities Incorporated; National Planning Corporation; Citigroup Global Markets Incorporated

Professionals

  • Cs: (JP) Dochtor Kennedy & Eric Litow, AdvisorLaw LLC, Westminster, CO.
  • Rs: (CGMInc) David I. Hantman, Bressler Amery & Ross, New York, NY. OSC.
  • Rs: (NPCorp) Scott Forbush, El Segundo, CA. ISC.
  • Rs: (WSSInc) Christina Vourakis, Cetera Financial Group, El Segundo, CA. ISC.

TypeDisp

EmployeeMember

Allegation I

Expungement(CRD)

Short Caption

Richardson v. Wells Fargo

Allegation II

Forum

FINRA

Allegation III

Docket No

18-01434

Products

*

Issue Date

2018-12-13

Situs

Buffalo

State

NY

Clmd Compensatory

0.0

Total Amt Awarded

Equity

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

An Arbitrator awards Claimant broker expungement of a customer complaint from his CRD record.

Notes

Arbitrator Remarks -- Expungement granted.

Arbitrators

Ira A. Auerbach

Broker-Dealers Named

Wells Fargo Clearing Services LLC

Professionals

  • Cs: (EFR) Tosh D. Grebenik, FA Expungement LLC, Denver, CO.
  • Rs: (WFCSLLC) Demian J. Betz, Wells Fargo Law Department, Charlotte, NC. ISC.

TypeDisp

EmployeeMember

Allegation I

Expungement(CRD)

Short Caption

Johnson v. Wells Fargo

Allegation II

Forum

FINRA

Allegation III

Docket No

18-01672

Products

*

Issue Date

2018-12-14

Situs

Syracuse

State

NY

Clmd Compensatory

0.0

Total Amt Awarded

0.0

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

Claimant broker loses his uncontested request for expungement of a customer complaint from his CRD record.

Notes

None.

Arbitrators

Ralph L. Halpern, Esq.

Broker-Dealers Named

Wells Fargo Clearing Services LLC

Professionals

  • Cs: (MAJ) Tosh D. Grebenik, FA Expungement LLC, Denver, CO.
  • Rs: (WFCSLLC) Geoffrey S. Beckham, Wells Fargo Legal Department, San Francisco, CA. ISC.

TypeDisp

SmallClms

Allegation I

Churning

Short Caption

Puglia v. International Assets

Allegation II

UnauthTdg

Forum

FINRA

Allegation III

Suitability

Docket No

17-00006

Products

*

Issue Date

2018-12-13

Situs

Philadelphia

State

PA

Clmd Compensatory

41.4

Total Amt Awarded

0.0

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A customer alleging excessive and unauthorized trading, among other things, voluntarily withdraws his claims against Respondents with prejudice.

Notes

PHL -- Permanent Injunction Granted. Arbitrator Remarks -- Expungement granted.

Arbitrators

Elliot B. Platt, Esq.

Broker-Dealers Named

International Assets Advisory LLC; Pecunia Management LLC

Professionals

  • Cs: Pro se.
  • Rs: (IAALLC & PMLLC) Michael D. Handelsman, Sallah Astarita & Cox, Verona, NJ. OSC.
  • Rs: (WK) John E. Lawlor, Attorney-at-Law, Mineola, NY.
  • Rs: (GWM) Michael P. Gilmore, Moss & Gilmore, New York, NY.
  • Rs: (BQN) None.

TypeDisp

MemberEmployee

Allegation I

LoanDefault

Short Caption

Westpark Capital v. Andreyeva

Allegation II

BreachContract

Forum

FINRA

Allegation III

Docket No

18-02193

Products

PromissoryNote

Issue Date

2018-12-11

Situs

PP

State

PP

Clmd Compensatory

13.0

Total Amt Awarded

19.0

Compensatory Awarded

13.0

Punitive Damage Awarded

Attorney Fees Awarded

6.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A broker is liable to Claimant broker-dealer for breach of promissory note.

Notes

Arbitrator Remarks.

Arbitrators

Linda J. Baer, Esq.

Broker-Dealers Named

Westpark Capital Incorporated

Professionals

  • Cs: (WCInc) Julie E. Kamps, Los Angeles, CA. ISC.
  • Rs: (TA) No-show.

TypeDisp

CustomerMember

Allegation I

Misappropriatn

Short Caption

Reliance Manufacturing v. Popular Securities

Allegation II

BreachContract

Forum

FINRA

Allegation III

Forgery

Docket No

16-01956

Products

NP

Issue Date

2018-12-12

Situs

San Juan

State

PR

Clmd Compensatory

177.4

Total Amt Awarded

0.0

Compensatory Awarded

0.0

Punitive Damage Awarded

0.0

Attorney Fees Awarded

0.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

An All-Public Panel grants Respondent broker-dealer's Motion for Directed Verdict based on the Puerto Rico statute of limitations and insufficiency of evidentiary presentation to support Claimant's allegations. Customer's claims related to the alleged mishandling of Cs accounts due to: unauthorized disbursements from one of Cs accounts, among other things.

Notes

Directed Verdict -- Full Dismissal. All-Public Panel.

Arbitrators

Steven Gerard Goerke, Esq. - Chair; Juan Antonio Suarez Rodriguez; Frances D. Jimenez

Broker-Dealers Named

Popular Securities LLC

Professionals

  • Cs: Gino Negretti Lavergne, G. Negretti Law Offices, San Juan, PR.
  • Rs: (PSLLC) Nathan W. Lamb & Jonathan D. Drews, Ulmer & Berne, Chicago, IL. OSC. and Alejandro Febres Jorge, San Juan, PR. ISC.

TypeDisp

CustomerMember

Allegation I

Suitability

Short Caption

Faigenblat v. UBS Financial

Allegation II

Misreprestn

Forum

FINRA

Allegation III

Supervision

Docket No

17-01542

Products

MutualFunds; MuniSecs; Margin

Issue Date

2018-12-13

Situs

San Juan

State

PR

Clmd Compensatory

23000.0

Total Amt Awarded

0.0

Compensatory Awarded

0.0

Punitive Damage Awarded

0.0

Attorney Fees Awarded

0.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A group of customers lose their damage claim of $23,000,000 in compensatory damages involving their investments in Puerto Rico municipal bonds and closed-end funds recommended by Respondent broker-dealer. One Arbitrator dissents with respect to the denial of damages.

Notes

All Public Panel. Rescission requested. Panel composition issue. Arbitrator Remarks -- Arbitrator dissents with explanation.

Arbitrators

Peter B. Loewenberg - Chair; Robert S. Zuckerman, Esq. (Dissents); John Akroyd

Broker-Dealers Named

UBS Financial Services Incorporated of Puerto Rico

Professionals

  • Cs: Lloyd R. Schwed, Schwed Kahle & Kress, Palm Beach Gardens, FL. and Maria Victoria Munera-Pascual, Munera & Mercado, San Juan, PR.
  • Rs: (UBSFSIncPR) Ross E. Firsenbaum & Charles Platt, Wilmer Cutler et al., New York, NY. OSC. and Guillermo J. Bobonis, Bobonis Bobonis & Rodriguez Poventud, San Juan, PR. OSC.

TypeDisp

EmployeeMember

Allegation I

Expungement(CRD)

Short Caption

Pollard v. Citigroup Global

Allegation II

Forum

FINRA

Allegation III

Docket No

18-02787

Products

NP

Issue Date

2018-12-11

Situs

Providence

State

RI

Clmd Compensatory

0.0

Total Amt Awarded

Equity

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A broker wins expungement of four complaints from her CRD record.

Notes

Arbitrator Remarks -- Expungement granted.

Arbitrators

Samuel Harrison Chorches, Esq.

Broker-Dealers Named

Citigroup Global Markets Incorporated

Professionals

  • Cs: (MFP) Kurt T. Kalberer II, Kalberer LLP, New York, NY.
  • Rs: (CGMInc) David I. Hantman, Bressler Amery & Ross, New York, NY. OSC.

TypeDisp

MemberEmployee

Allegation I

LoanDefault

Short Caption

Morgan Stanley v. Hartnett

Allegation II

BreachContract

Forum

FINRA

Allegation III

Docket No

17-01987

Products

PromissoryNote

Issue Date

2018-12-14

Situs

Columbia

State

SC

Clmd Compensatory

1285.2

Total Amt Awarded

1486.1

Compensatory Awarded

1285.2

Punitive Damage Awarded

Attorney Fees Awarded

61.9

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

In this Big $s Award, Respondent broker is liable to Claimant broker-dealer for amounts due and owing on three promissory notes.

Notes

Big $s. Arbitrator Remarks.

Arbitrators

Jack A. Helms

Broker-Dealers Named

Morgan Stanley Smith Barney FA Notes Holdings LLC; Morgan Stanley

Professionals

  • Cs: (MSSBLLC & MSSBFANHLLC) Eric A. Michaels, Saretsky Hart et al., Birmingham, MI. OSC.
  • Rs: (RWH) Robert C. Harris, Hunter Taubman et al., Coral Gables, FL.

TypeDisp

CustomerMember

Allegation I

Misreprestn

Short Caption

Munir v. National Securities

Allegation II

Supervision

Forum

FINRA

Allegation III

BreachContract

Docket No

17-00554

Products

Options

Issue Date

2018-12-11

Situs

Nashville

State

TN

Clmd Compensatory

780.5

Total Amt Awarded

Equity

Compensatory Awarded

Equity

Punitive Damage Awarded

Attorney Fees Awarded

0.0

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

A group of customers settle their claims against Respondent broker-dealer involving options investments. Non-Party broker wins expungement of this matter from his CRD record.

Notes

This is a Stipulated Award. All-Public Panel. Arbitrator Remarks -- Expungement granted.

Arbitrators

Lita S. Menkin, JD - Chair; Jack A. Helms; John Winslow Griesser

Broker-Dealers Named

National Securities Corporation

Professionals

  • Cs: Gary S. Menzer, Menzer & Hill, Boca Raton, FL.
  • Rs: (NSCorp) Michael P. Gilmore, Moss & Gilmore, Mineola, NY. OSC.

TypeDisp

CustomerMember

Allegation I

UnauthTdg

Short Caption

Desai v. JP Morgan

Allegation II

Misreprestn

Forum

FINRA

Allegation III

Supervision

Docket No

17-03378

Products

MutualFunds

Issue Date

2018-12-11

Situs

Dallas

State

TX

Clmd Compensatory

0.0

Total Amt Awarded

0.0

Compensatory Awarded

0.0

Punitive Damage Awarded

0.0

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

The Panel grants Respondent Morgan Stanley's Pre-Hearing Motion to Dismiss pursuant to FINRA Rule 12504(a)(6)(B) (not involved with the security, product or dispute at issue) with prejudice. Claimants voluntarily withdrew the claims against the other named Respondent broker-dealer.

Notes

Pre-Hearing Adjudication -- Full Dismissal. Rescission Requested. All-Public Panel. Arbitrator Remarks.

Arbitrators

G. Maynard Green, JD - Chair; Edward Bradbury Cloutman, III; Will Pryor

Broker-Dealers Named

JP Morgan Securities LLC; Morgan Stanley

Professionals

  • Cs: Pro se.
  • Rs: (JPMSLLC) Eugene L. Small, E.L. Small PC, New York, NY. OSC.
  • Rs: (MSSBLLC) Joseph L. Calabrese, Morgan Stanley Wealth Management, New York, NY. ISC.

TypeDisp

EmployeeMember

Allegation I

Expungement(CRD)

Short Caption

Williams v. Merrill Lynch

Allegation II

Forum

FINRA

Allegation III

Docket No

18-00720

Products

MutualFunds; VariableAnnuities

Issue Date

2018-12-13

Situs

Seattle

State

WA

Clmd Compensatory

0.0

Total Amt Awarded

Equity

Compensatory Awarded

0.0

Punitive Damage Awarded

Attorney Fees Awarded

* Damage field dollar figures are divided by 1,000 and rounded to the nearest $100; e.g., $2,500 appears as" 2.5."

Case Summary

Broker is awarded expungement relief involving two customer complaints appearing on his CRD record involving mutual funds and variable annuities.

Notes

Arbitrator Remarks -- Expungement granted.

Arbitrators

Helen Marinak Blohm, Esq. (fka Helen M. Marinak, Esq.)

Broker-Dealers Named

Merrill Lynch Pierce Fenner & Smith Incorporated; Wells Fargo Securities Incorporated

Professionals

  • Cs: (LJW) Dochtor Kennedy & Michael O'Gara, AdvisorLaw LLC, Westminster, CO.
  • Rs: (MLPFSInc) Sarah K. Yates, Bressler Amery & Ross, Birmingham, AL. OSC.
  • Rs: (WFSInc) Judy Louie, Wells Fargo Law Department, Pasadena, CA. ISC.
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