The White Law Group is currently representing two former UBS financial advisors in a litigation matter involving their alleged promissory note obligation to UBS. Based on our preliminary investigation, it appears that these particular financial advisors were forced to leave UBS because UBS did away with a trading program that was critical to their business [...]
The White Law Group is now representing financial advisors in Promissory Note disputes and claims related to the financial advisors prior employment. The White Law Group is a national securities fraud, securities arbitration, investor protection and securities regulation/ compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida. The firm’s lawyers have extensive [...]
The US District Court for the Western District of Texas should confirm an arbitration award for brokerage firm Citigroup Global Markets Holding Inc. (n/k/a/ Morgan Stanley Smith Barney, LLC) against a former employee who failed to pay his promissory note—so says magistrate judge Nancy Stein Nowak. Nowak argued before the Texas court that even if [...]
Effective September 14, 2009, FINRA will begin expediting the administration of cases that solely involve a brokerage firm’s claim than an associated person (broker or financial advisor) failed to pay money owed on a promissory note. Under the new procedures, a single public arbitrator from the FINRA roster of arbitrators approved to hear statutory discrimination [...]