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Securities Arbitration

Spencer Fane Securities Arbitration attorneys aggressively defend securities claims for brokerages, registered investment advisers, financial institutions, and other publicly held companies. Our attorneys have a clear understanding of the potential consequences of complaints on an individual’s or company’s reputation, and we act quickly, knowledgeably, and empathetically to protect clients’ interests to uphold their professional reputation.

When difficult situations arise for brokerages or individuals, our attorneys react with urgency to mitigate potentially damaging consumer claims or intra-industry disputes. We arbitrate a broad scope of investor claims, including churning, unsuitability, unauthorized trading, clearing disputes, failure to supervise, broker recruitment, and noncompete/raiding litigation. In addition, we represent brokers in licensure proceedings brought by Securities Commissioners, and we also work extensively with audit committees on internal investigations.

Spencer Fane attorneys also defend clients against securities fraud claims and related class-action matters. Drawing on experience from cases we have litigated, our team provides training to individual brokers and companies to help them avoid professional liability claims. We also work with clients to review their documents and improve policies and procedures, to help prevent unnecessary disputes.

Our attorneys’ experience includes serving as coordinating class action counsel for the national defense of securitization trusts in dozens of cases alleging assignee predatory lending liability, and many practice members serve as NASD and NYSE arbitrators.

Representative Experience

  • Obtained $0 defense arbitration decision against multi-million dollar claims brought by a customer against its registered investment advisor in relation to margin accounts.
  • Represented financial advisor firm in suit brought by departed advisor seeking damages for the firm’s alleged failure to transfer accounts.
  • Successfully obtained temporary restraining order stopping infringement of client financial advisory firm’s copyrighted materials at the former employee’s new place of employment.