Category Archives : Securities Arbitration


Alison Jimenez Quoted in Bloomberg Article on Broker Raiding Cases

  Dynamic Securities Analytics president, Alison Jimenez, was quoted in today’s Bloomberg article by Neil Weinberg on broker raiding cases. The article titled “Brokers’ Battle Over Memorial Day Raid Reveals Industry Strains” discusses a current Finra arbitration between Oppenheimer & Co. and Euro Pacific Capital. Ms. Jimenez commented on the number of raiding cases resolved more »


How were 2014 FINRA Disputes Resolved? Analysis of Dispute Resolution Statistics

  Dynamic Securities Analytics, Inc. analyzed the numbers provided by FINRA Dispute Resolution covering all 2014 closed cases and found: 2,447 closed Customer cases, representing 64% of all closed cases 7% of Customer cases were closed via arbitration with damages awarded to the Customer   Non-Customer Cases 1,391 Non-Customer cases (ex. Employee vs. Firm, Firm more »


Which Broker/Dealers get Sued by Reps Most Often?

FINRA arbitration isn’t just for customer disputes. As DSA found, over half of FINRA arbitrations are non-customer related. A large portion of the non-customer disputes occur when Associated Persons sue their current or former broker/dealer employer. Allegations in Associated Person vs Member Firm cases often include: defamation, reformation of U-5, wrongful termination and compensation disputes. more »


Analysis of 2013 FINRA Dispute Resolution Statistics

DSA analyzed how cases were closed through the FINRA dispute resolution process in 2013. Customer Cases FINRA reported that in 2013 there were 499 Customer Complaint cases decided by Arbitration (paper & hearing) and in 212 of these cases, the customer was awarded damages. Based on the statistics provided by FINRA, DSA determined: 2,772 Customer more »


Potential Impact of Florida Supreme Court Ruling

DSA analyzed the potential impact of the recent Florida Supreme Court ruling that Florida’s statute of limitations can apply to securities arbitration cases between investors and their brokers. Key Findings: 1 in 5 Customer v. Member Firm arbitrations occur in Florida Time limits may preclude ’08 – ’09 market losses from damage calculations The opinion more »


2009 Securities Arbitration Filing Trends

FINRA reports that arbitration filings are up 90% through February 2009 over the prior year.  There were 1,065 arbitrations filed in just January and February 2009. If these numbers hold steady over the rest of the year, 2009 will witness a level of arbitration filings not seen since 2005.  However, I don’t expect the filings to “hold steady” through 2009. more »


2008 Securities Arbitration Filing Trends: Security Type

FINRA added three new securities types: Variable Annuities, Derivative Securities and Auction Rate Securities to the Security Type list in 2008. Derivative Securities and Auction Rate Securities to the Security Type list in 2008.  Derivative Securities was the second most frequently cited type of security in its first year on the list. Mutual funds moved ahead of Common more »


2008 Securities Arbitration Filing Trends: Type of Controversy

FINRA released the final tallies for 2008 arbitration filings.  2008 witnessed marked change in trends regarding the type of controversy.  Filings citing “Omission of Facts” increased 337% from 2007 levels. Misrepresentation saw the second largest jump in filings with an increase of 171% over 2007.  In 2007, Misrepresentation was the 5th most frequently cited type of controversy and it jumped to more »