Monday, March 14, 2016

Silipigno v Raymond James - $800,000 Churning Award

In February 2016, a FINRA arbitration panel in Albany, NY ordered Raymond James to pay at least $791,847 in compensatory damages and interest after a hearing wherein the Claimant alleged Respondent churned the Claimant's accounts. You can read the award here. Dr. McCann testified to the egregiousness of the churning and damages on behalf of the Claimant.

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