Main office: (616) 632-8000
Toll-free: (888) 607-4819
Most, but not all, investment-related disputes between investors and brokerage firms are eligible for FINRA arbitration. Eligibility is clear cut when the investor and the brokerage firm have a written agreement to arbitrate, but when there is no written agreement, eligibility depends on whether or not the investor is a “customer”…
Following a four-day arbitration hearing in Detroit, Mika Meyers’ attorneys, Dan Broxup and Nikole Canute, obtained an $800,000 settlement on behalf of a retired investor in a suitability and breach of fiduciary duty case. The settlement amount was more than five times the out-of-pocket loss. The investor alleged that his stockbroker/investment…