DKRPA Blog

Souma artificially inflated the client’s risk profile, failed to disclose transactions to the investor, and made excessive trades in (or “churned”) the investor’s brokerage account.

We are pleased to announce that the investor advocate lawyers at Dimond Kaplan & Rothstein, P.A. have won yet another FINRA arbitration against UBS, this time involving a Chicago couple’s investment losses.

Dimond Kaplan & Rothstein is investigating brokerage firms across the country that have sold more than $1 billion of GWG L Bonds.

Dimond Kaplan & Rothstein, P.A. investment fraud lawyers have won more than $1.4 million in another FINRA arbitration on behalf of a New Mexico couple who lost money in UBS’s Yield Enhancement Strategy.

Trevor Rahn, a 26-year brokerage industry veteran, was fined and suspended by FINRA over allegations that he structured trades to generate unnecessary commissions and made several unauthorized trades.

The SEC recommended a new rule on Wednesday that would reduce the settlement period for securities trading from two to one day in an attempt to tackle market issues highlighted by last year’s “meme” stock trading frenzy.

Investors who unwittingly put $40 million into a “fictitious” music streaming service sued Crowe UK in federal court in Georgia, arguing the firm knew or should have known the streamer was “a total fake”.

Notification to Former Morgan Stanley Broker Shawn Good’s Clients: Dimond Kaplan & Rothstein P.A Continues its Inquiry in Light of the SEC’s Ponzi Scheme Allegations

Dimond Kaplan & Rothstein, P.A. announces that a FINRA arbitration panel has ordered UBS Financial Services, Inc. (“UBS”) to pay approximately $4 million to an investor who lost nearly $3 million in UBS’s Yield Enhancement Strategy (“YES”). UBS is a subsidiary of UBS Group A.G. (NYSE: UBS). The award includes $1 million in attorneys’ fees. This is the latest in a string of FINRA arbitration victories that investors have won against UBS in YES cases.