January 25, 2012 Comments (0) Blog, Securities Fraud

FINRA Arbitration Claim Filed Against Oppenheimer & Co., Inc.

(Last Updated On: July 17, 2015)

The White Law Group announces that it has filed a Financial Industry Regulatory Authority (FINRA) arbitration statement of claim against Oppenheimer & Co., Inc. (“Oppenheimer”) on behalf of a former Oppenheimer employee.  The claim seeks to recover compensatory damages for unpaid compensation to which the employee alleges he was entitled, as well as damages resulting from the employee’s alleged wrongful termination.  The damages sought by the former Oppenheimer employee exceed $1,000,000.

The statement of claim asserts claims for wrongful termination, retaliation, tortuous interference with business relationships, breach of the implied covenant of good faith, breach of contract, and violation of the age and discrimination act. The claim further alleges that Oppenheimer failed to pay compensation to which the employee was entitled and that when the employee raised the issue to his superior the firm fired him.

FINRA Dispute Resolution is an arbitration venue for securities employment disputes.  It provides FINRA registered financial advisors and other associated persons with an opportunity to address adverse and allegedly improper employment actions taken by former FINRA registered employers.

For more information on the claim filed by The White Law Group, please contact the firm’s Chicago office at 312-238-9650.  For more information on The White Law Group, please visit http://www.whitesecuritieslaw.com.

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