Most popular stories from 5/5 – 5/10.
Latest arbitration decision on deferred comp from Swiss bank that shuttered its U.S. business awards Morgan Stanley duo two sets of damages, fees and legal costs.
New York judge denies Swiss bank’s bid to abort Finra arbitration award of almost $1 million to Brian Finn
Broker argued that Swiss bank fraudulently induced him to join by failing to disclose its plan to shutter its U.S. brokerage business, but arbitration panel orders him to pay $1.8 million balance on his promissory note.
A split arbitration panel awards $3.2 million to a broker who joined J.P. Morgan when the Swiss bank closed its operations, but also ordered him to repay his almost $3 million note balance.