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NASD and FINRA Arbitration Awards – Results
Mr. Milove and Mr. Miller, leading San Diego Securities Fraud Lawyers, have recovered millions of dollars on behalf of investors in various forums. While there is no guarantee of recovery, Miller & Milove has successfully represented investors resulting in NASD (FINRA) and American Arbitration association Awards and Court cases that were tried to conclusion resulting in substantial Awards and Judgments. The cases and Awards reported were decided based on the facts, circumstances, law and merits applicable to each unique case. Accordingly, the results prtrayed below were dependant on the facts of these cases and results will differ if based on different facts.
San Diego Securities Fraud Lawyers
Miller & Milove has also successfully negotiated confidential settlements on behalf of clients with nearly every major Wall Street securities brokerage firm. Mr. Miller and Milove enjoy a reputation based on their diligent and efficient representation of defrauded investors against stockbrokers, financial advisors and promoters of various investment schemes. Most new cases and clients that are accepted by them are the result of referrals and recommendations from opposing attorneys and Judges and Securities Experts who are familiar with their performance.
Although past results do not guarantee future outcomes, in the vast majority of cases, Miller & Milove has been successful in obtaining substantial recoveries on behalf of their clients. Results of some Securities and NASD (FINRA) Arbitration Award cases handled by Miller & Milove include but are not limited to:
CLIENT AWARDED OVER $5,900,000
(CLIENT) vs. Microage Inc. et al
Family owned Computer Company was sold in exchange for stock of a New York Stock Exchange company while the stock was subject to a lock-up agreement. Insider trading caused a substantial decrease in value of stock paid to purchase the company. Case focused on misrepresentations and omissions in connection with the acquisition of the business, the offer and sale of securities and accounting fraud. Result: Award of over $5,900,000 including recovery of attorneys’ fees and costs.
CLIENT AWARDED OVER $4,800,000
(CLIENT) vs. Miller & Schroeder Financial Inc.
Senior citizen was defrauded in connection with bonds sold to purportedly renovate and operate health care facilities. Findings: Elder Abuse, Securities Fraud, Breach of Fiduciary Duty, constructive fraud, statutory deceit. Award: compensatory damages-$243,125, attorney fees- $240,000, Exemplary and Punitive damages-$4,350,000.
CLIENT AWARDED OVER $2,500,000
(CLIENT) vs. Dean Witter
Family trusts, IRA holders and individuals recovered over $2,560,000 from stockbrokers and Wall Street broker dealer for unsuitable and excessive trading, options trading, margin trading, failing to supervise, breach of fiduciary duty and misrepresentations and omissions.
CLIENT AWARDED OVER $900,000
(CLIENT) vs. Prudential Securities and Prudential Equity Group
Retiree recovered over $900,000 from stockbroker and investment advisor, branch manager and Wall Street brokerage firms for unsuitable and excessive trading; CMOs, options, commodities, margin trading, breach of fiduciary duty and securities fraud.
CLIENT AWARDED OVER $675,000
(CLIENT) vs. Prudential Bache Securities
Elderly investor defrauded in real estate limited partnership sold by New York Stock Exchange Company. Arbitration Findings included Violation of Rule 10b-5 of the Securities and Exchange Act (Federal Securities Fraud). Result: total award of $675,091 including $339,891 in compensatory damages, interest of $85,000 and punitive damages of $250,000.
(CLIENT) vs. MORGAN STANLEY DEAN WITTER
Excessive and unsuitable trading in technology stocks on margin by stockbroker/investment advisor. Award: $278,000.
(CLIENT) vs. PRUDENTIAL SECURITIES
Misrepresentations and omissions made by Prudential Biotechnology Analyst recommending the purchase of stock underwritten by brokerage company. Award: $235,024.
(CLIENT) vs. PRUDENTIAL BACHE SECURITIES
Stock broker misrepresenting that he owned same risky stocks recommended to client. Award: $177,000.
In addition, the law firm of Miller & Milove, detail oriented and motivated San Diego Securities Fraud Lawyers, has been certified as class counsel in Federal District Court and in California Superior Court to represent Plaintiff investor classes in real estate limited partnerships, pay telephone investment schemes and stock manipulations and sales. In each instance Miller & Milove was certified as class counsel prior to any proposed settlement and obtained substantial recoveries.
A/V rating by Martindale-Hubbell (highest rating for quality of legal skills and ethics for all law firms and attorneys).
United States District Court (Federal Judges, Magistrates and San Diego Superior Court Judges) have publicly commended Miller & Milove in connection with the representation of individual victims and classes of defrauded investors.
Many investors who have been victimized are slow to take action because they blame themselves or are embarrassed about losing their money. You should not delay in contacting our attorneys, Brian Miller (An expert San Diego Securities Fraud Lawyer) and Bradd Milove (A leading and prominent CMO and Securities Fraud Attorney) concerning investment losses, as the passage of time can and will affect your legal rights. You are invited to contact us to discuss the circumstances of your losses.
The Law offices of Miller & Milove can help determine whether you have been taken advantage of by your trusted financial advisor, and if so, what if any legal recourse you may be entitled to pursue. To avoid any embarrassment attributable to your losses, you are encouraged to take advantage of our free and confidential evaluation of your matter.
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