ARBchek - Arbitrator Research Base

1. Fang v. IBKR Securities FINRA ID #24-02673 (San Francisco, CA, 2025-08-26) – Two customers lose their case against the remaining Respondent broker-dealer in this arbitration pursuant to FINRA Rule 12504(a)(6)(B) (not involved with the security, conduct, or account in dispute) as one named customer did not have an account with this Respondent and pursuant to FINRA Rules 12504(d) (failure to Comply with Code or Panel Order) and FINRA Rule 12212(c) (Discovery Sanctions) for the remaining customer's repeated failure to comply with discovery requests and the Arbitrator's prior Orders regarding the production of discovery in this matter.

2. Brumbaugh v. Transamerica Financial FINRA ID #25-00373 (Pittsburgh, PA, 2025-08-27) – An All-Public Panel grants Respondent broker-dealer's Pre-Hearing Motion to Dismiss pursuant to FINRA Rule 12206 (Six-year Eligibility Rule) as the event or occurrence that gave rise to the customer's claims happened prior to the six-year time limit where said Respondent might be liable for damages. The customer's case involved privately traded real estate investment trusts (REITs).