ARBchek - Arbitrator Research Base

1. Jelodari v. Independent Financial FINRA ID #24-00860 (Los Angeles, CA, 2025-06-16) – An All-Public Panel grants, without prejudice, Respondent broker-dealer's Pre-Hearing Motion to Dismiss pursuant to FINRA Rule 12206 (Six-year Eligibility Rule) after finding the customer's case is not eligible for arbitration as the occurrence or event giving rise to her claims occurred in 2014 well before the six-year deadline to file said claims.

2. Kellner v. Ameriprise Financial FINRA ID #24-00921 (Jacksonville, FL, 2025-06-12) – An All-Public Panel explains why it has decided to deny the customers' case finding that although Respondent breached a duty of care to Claimants by failing to report to them sooner that the Florida Statutes Chapter 415 reporting obligation to the Florida Department of Children and Families applied as of June 2020, the Panel found that Respondent was not the proximate cause of their losses.

3. Weber v. Citigroup Global FINRA ID #24-01996 (Tampa, FL, 2025-06-20) – A broker loses her request for expungement of ten customer complaints from her CRD record after the authorized representative of the state securities regulator for California objected to such relief. However, one Arbitrator dissents from the rest of the Panel and felt that Claimant established one or more grounds under FINRA Rule 13805 and would have awarded expungement.

4. Reynolds v. Charles Schwab FINRA ID #24-01480 (St. Louis, MO, 2025-06-09) – A Panel explains why it has decided to grant Respondent broker-dealers' Motion for Directed Verdict (Motion to Dismiss) finding that based on the evidence presented Claimant did not establish that any of the broker-dealers named in this case have any liability to her for over $15 million relating to the alleged missing assets or that she is entitled to damages especially in the exorbitant amount of over $16 million.