Arbitration

IFS Securities once had about 150 financial advisors and 20,000 clients. Now it's seeking millions it owes third-party firms three years after it shut down.

Reformers and supporters of the existing system are already lining up on either side of the fight as the regulator follows up on its pledges to pursue changes.

Securities arbitration experts say the Investor Justice Act would represent the SEC's first recurring grants for free counsel that's sorely missing.

A Georgia appeals court threw out a bombshell ruling against Wells Fargo that said the Wall Street bank "committed fraud" with an arbitration panel.

Two Securities America brokers and their firm must pay the large award after a case that leaves many unanswered questions.

A Mexican-American couple who sought safety and diversification north of the border say they found fraud, negligent supervision and concealment.

The case offers the latest confusing signal about an industry that forces discrimination cases into arbitration and fights them to the bitter end.

An independent investigation found no evidence of a pact with Wells Fargo’s attorney but omitted mention of the other big questions emanating from the case.

A panel of FINRA arbitrators unanimously ordered the award against the megabank based on Erin Ann Daly’s claims of gender-based discrimination.

The firm dragged three advisors through a lengthy arbitration case, only to lose and get saddled with all of the hearing costs.

More financial advisors are accusing independent wealth managers of acting like wirehouses and other employee brokerages upon their departures.

A 38-year veteran financial advisor won a significant award in FINRA arbitration after a brokerage claimed he made unauthorized trades.

Critics of FINRA’s current system for removing client complaints from brokers’ records are seeking to vacate an arbitration award.

The regulator is asking for adoption of the proposal it put on hold last year while opening discussions for other improvements to the process.

Whether it's a watchdog or up-and-coming advisor, claims and counterclaims are plentiful across the industry.

The FINRA arbitration decision omits any details or reasoning for the award in a case involving a broker’s email to his former colleagues.

With the barred former rep in the Dominican Republic, a court filing asks a state judge to toss a FINRA panel’s decision absolving the firm of responsibility.

UBS brokers rack up expungements of Puerto Rico complaints

Denise Badgerow won her long legal fight, while a Pennsylvania RIA and the Massachusetts securities regulator are currently weighing their options after decisions.

Financial advisor Jay Womack won a rare rebuke with a punitive payout after a messy split with his former business partner.