Registered Representatives

Registered Representatives, Departing Brokers And Wrongful Termination

Registered Representatives, stockbrokers, and financial advisors who depart FINRA-member firms with retention bonuses, recruitment bonuses, promissory notes and forgivable loans are often faced with FINRA arbitration claims by their former firms. Departing brokers who are signatories to such notes, may have comprehensive defenses, as well as viable counterclaims to fight these claims of their former brokers. For example, wrongfully-terminated brokers, or brokers otherwise squeezed out of their former firms as a result of reassigned customer accounts, commission payout cuts, firm-wide sales practice abuses, office closures, and pressure sell proprietary, in-house, unsuitable investment products, a number of brokers have been successful in fighting note claims.

We offer representation to current or former representatives in the following types of claims:

  • Whistleblower claims
  • Retaliatory discharge
  • Constructive discharge
  • Wrongful discharge
  • Promissory note claims
  • Age discrimination
  • Wrongful bonus forfeiture claims
  • Lost income
  • ERISA benefits
  • Book of Business conversion
  • Proprietary product pressure
  • Wrongful commission payout cuts
  • Forced early retirement
  • Customer victimization schemes
  • Client interference
  • Brokerage firm fraud
  • FINRA regulatory proceedings
  • SEC administrative proceedings
  • Contractual interference claims
  • Gender discrimination
  • Age discrimination
  • Non-solicit – non-compete claims
  • Broker/dealer merger-related claims
  • Breach of contract
  • Retirement benefit losses
  • Medical benefit claims
  • Harm to business reputation
  • Compliance and supervisory failures

We offer a free initial consultation to brokers being pursued by their former brokers, seeking recovery on a retention bonus, recruitment bonus, promissory note, and forgivable loan cases.

Investment Misconduct

Areas of Practice


Investment & Broker
Misconduct

Investment Misconduct

Whistleblowers
 

Whistleblowers

Private Company
Disputes

Private Company Disputes

Personal
Injury

Personal Injury