Articles Posted in FINRA

A second national trade publication highlighted the IMcP-led FINRA victory regarding expungement of our client’s Form U5. Financial Planning published an article titled “Arbitrators blast JPMorgan for ‘pattern’ of post-resignation firings” to report on the FINRA arbitration award in which IMcP secured expungement of JPMorgan’s termination language on advisor Joshua Biering’s Form U5. In the award,…

Financial Advisor magazine profiled a recent FINRA arbitration award, in which IMcP represented advisor Joshua Biering against JPMorgan in a Form U5 dispute. The article highlights the panel’s decision to grant complete expungement of an improperly marked U5 filed by JPMorgan. In the award, the arbitrators directed that Mr. Biering’s U5 be amended to (a)…

FINRA arbitrations are decided by a Panel of three arbitrators, one of whom is the Chair.  The Chair is more than just 1/3 of a FINRA litigant’s judge, jury, and executioner.  The Chair has an outsized role, authority, and gravitas with the other two panelists. To serve as the Chair for a FINRA arbitration, an…

Financial Advisors rightly seek legal help in navigating the departure from their current Firm, whether Protocol or non-Protocol, about solicitation, compensation / Notes, and U5 issues.  It is shocking, however, how unfocused Financial Advisors are about the finer deal points (i.e., other than the financials – frontends/backends) and legalese for the new Firm.  Often, Financial…

“New Dallas Litigation Firm IMcP Established” New Dallas Litigation Firm IMcP Established – The Texas Lawbook (Jan. 29, 2024)