Securities Compliance & Defense
Stoll Berne represents a number of select national, regional, and local securities broker-dealers and brokers in disputes with customers, with other broker-dealers, and before regulators.
We have represented a national broker-dealer in defending contract and intentional interference claims by a broker who was seeking $18 million in damages. The ultimate award against our client was less than $50,000.
In another case, we obtained a favorable settlement at minimal cost to our broker-dealer client in defending securities fraud claims by investors who were seeking in excess of $20 million.
Our firm has also had success in handling disciplinary and regulatory proceedings involving the SEC and FINRA. In one instance, we tried a case in which the regulators were seeking a full suspension for nearly one year against a broker. After a full regulatory hearing, the panel declined to require any suspension of the broker.