Arbitrator Due Diligence

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View these summaries of just-released Awards, hot off the press, as well as some selected Awards of interest.

UPDATE: ARBchek UA 2026-05 SELECTED AWARDS OF INTEREST

1. Blackmon v. UBS Financial FINRA ID #25-00141 (Boca Raton, FL, 2026-02-11) – A customer alleging that Respondents did not act in his best interest with respect to the management of his account regarding unexercised stock options and shares in Compass Inc. is awarded $5.5 million in damages.

2. Hart v. Fidelity Brokerage FINRA ID #25-02088 (Chicago, IL, 2026-02-20) – An Arbitrator dismisses a customer's case with prejudice after finding FINRA lacks jurisdiction over the dispute as it relates to a qualified retirement account governed by ERISA and that Respondent broker-dealers are not the proper corporate entities named in this matter.

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