K&L Gates regularly represents broker-dealers in arbitrations throughout the United States in disputes before the Financial Industry Regulatory Authority and previously before its predecessor organizations, the National Association of Securities Dealers and the New York Stock Exchange. These arbitrations involve a multitude of investment disputes, which include suitability, churning, unauthorized trading, breach of fiduciary duty, common law fraud, and negligent misrepresentation claims, as well as executive compensation, trade secret, noncompete, pirating, and other employment-related claims. We have also defended broker-dealers in defamation claims arising from Form U-4 and U-5 reports and for wrongful termination.
The firm’s FINRA lawyers are experienced in providing an array of services, from representation in all aspects of the most complex arbitrations to particularized assistance in connection with one phase of arbitration, such as document production. Our engagements have varied from handling all of a client's arbitrations nationwide to representing a client in a discrete grouping of related claims concerning particular products, market events, or financial consultants.
We have extensive experience handling arbitrations for brokerage clients, which have involved, among other things, the following issues:
We have also represented brokers and brokerage firms in state and federal court proceedings involving, among other things, the following issues: