After two weeks of evidentiary hearings before a FINRA securities arbitration panel in New York City in March and May 2018, David Russell and Scott Zweigel secured a complete victory for their broker-dealer client, which had been accused of various wrongdoing concerning a customer’s account. The customer had claimed over $14,000,000 in damages and recovered nothing. The panel found that the claims were “false” and recommended that the supervisors’ industry records be expunged of any reference to the customer’s claims. The case was complicated because it involved over six years of trading and because of the absence of any testimony from the broker, who, tragically, passed away just a few weeks before the hearings began.
