by Marjorie Hall | Jan 2, 2020 | Homepage News, Securities
In a recent FINRA Arbitration, KYL obtained a complete defense award related to an investor’s accounts with a major financial services client. The claimant had brought claims for fraud, negligent misrepresentation, churning, breach of fiduciary duty, negligent...
by Marjorie Hall | Dec 6, 2019 | Homepage News, Securities
In a recent FINRA Arbitration, KYL obtained a complete defense award related to an investor’s accounts with a major financial services client. The claimant had brought claims for breach of fiduciary duty, negligent supervision, elder abuse and violation of the...
by Marjorie Hall | Aug 26, 2019 | Homepage News, Securities
On behalf of a broker-dealer, bank, Chief Compliance Officer and Financial Advisor, KYL attorneys Ryan Lean and Bryce Cullinane recently obtained the prehearing dismissal of a $113 million FINRA arbitration claim in its entirety, with prejudice. The claimants, a real...
by Marjorie Hall | Jul 3, 2019 | Homepage News, Securities
The plaintiffs, private individuals suing on behalf of the State of California, alleged that multiple municipal bond underwriters defrauded the state by falsely representing that they would underwrite the state’s bonds and obtain the “best price” and “lowest yield” on...
by Marjorie Hall | Jul 3, 2019 | Homepage News, Securities
On behalf of a major financial institution, KYL attorneys Peter Boutin, Neal Robb and Chris Stecher prevailed on a Petition to Vacate a sizable Arbitration Award rendered by a FINRA Panel in 2017. After the case was arbitrated and the Award was issued, KYL was engaged...
by Justin Hectus | Mar 1, 2019 | Cyber Risk Management, Homepage News, Securities
Third-party service providers (“vendors”) with lax security controls can pose a significant threat to a financial institution’s security, and that same risk can even cascade to the institution from their vendor’s vendor. Understanding and controlling those risks is...
