After a contested FINRA arbitration hearing, the Wisconsin Arbitration Panel awarded our client $200,000 in damages against US Bancorp Investments related to REG BI violations regarding a referral to the Bank Trust department for a managed municipal bond portfolio.
The Panel found as follows:
According to FINRA Dispute Resolution, this is the first REG BI decision with an explained decision in FINRA history.
Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.
He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.
Contact him at (414) 755-5020 or via e-mail at SMS@hallingcayo.com to see if he can help recover your funds.