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 supervision, and professional negligence. The claimant sought $1,273,207 in compensatory damages, punitive, exemplary and treble damages, and attorneys’ fees. After a six-day hearing, the arbitrators unanimously dismissed all claims with prejudice. Keesal, Young & Logan attorneys Chris Stecher and Simon Levy represented our financial services client.

– Keesal, Young & Logan Securities Group