Results

Our research and testimony frequently result in awards, decisions and orders. See what our experts have been working on.

Displaying 9 out of 9 results

$2.3 Million Auguillard IRA et al v IMS Securities et al non-traded REIT Award

In November 2017, a FINRA arbitration panel in Houston, TX ordered IMS Securities and two individual Respondents to pay at least $2,304,000 in compensatory damages. Dr. McCann testified on liability and damages over IMS's sale of a non-traded REITs and private placements to the Claimants.

$569,000 Benitone v Hilliard Lyons & Breitburn Energy Award

In September 2017, a FINRA arbitration panel in St. Louis, MO ordered Hilliard Lyons to pay the Claimants $450,000 in compensatory damages, $100,000 in punitive damages and $18,699 in costs over the concentration of their accounts in Breitburn Energy Partners stock in 2015. Dr. McCann testified on liability and damages.

$207,000 Hoffman v Gilford Securities et al Award

In July 2017, a FINRA arbitration panel in New York, NY ordered Gilford Securities and the broker to pay at least $207,000 in compensatory damages and interest. Dr. McCann testified on liability and damages.

Brown v. Morgan Stanley and Citigroup - $150,000 Award

In June 2017, a FINRA arbitration panel in Detroit, Michigan ordered Morgan Stanley Smith Barney, LLC and Citigroup Global Markets, Inc to pay $150,000 in compensatory damages plus costs and fees. Dr. O'Neal testified to the unsuitability of the exchange fund sold to the client and to damages emanating from the exchange fund transaction.

$4.4 Million Cummings v UBS of Puerto Rico Award

In March 2017, a FINRA arbitration panel in San Juan, PR ordered UBS Financial Services and UBS Financial Services of Puerto Rico to pay $3,919,359 in compensatory damages, $61,499 in costs and $442,318 in attorneys' fees. In addition, the panel voided debts claimed by the Respondents. Dr. O'Neal testified on liability and damages over UBS Puerto Rico's sale of UBS Puerto Rico municipal closed end bond funds.

$9 Million Romero v UBS PR Award

In February 2017, a FINRA arbitration panel in San Juan, PR ordered UBS Financial Services and UBS Financial Services of Puerto Rico to pay $7,983,230 in net compensatory damages and $1 Million in punitive damages. Dr. McCann testified on liability and damages over UBS Puerto Rico's sale of UBS Puerto Rico municipal closed end bond funds.

$600,000 Matus v UBS of Puerto Rico Award

In February 2017, a FINRA arbitration panel in Aventura, FL ordered UBS Financial Services and UBS Financial Services of Puerto Rico to pay $339,000 in compensatory damages, $24,500 in expert witness costs, at least $111,870 in interest plus attorney's fees to be determined by a court pursuant to FL Statute 517. Dr. McCann testified on liability and damages over UBS Puerto Rico's sale of UBS Puerto Rico municipal closed end bond funds.

$25 Million Gomez v UBS of Puerto Rico Award

In January 2017, a FINRA arbitration panel in San Juan, PR ordered UBS Financial Services and UBS Financial Services of Puerto Rico to pay at least $18,215,000 in compensatory damages, punitive damages, attorneys' fees and expert witness costs. It also denied the Respondents' Counterclaim to recover a large debit balance. Dr. McCann testified on liability and damages over UBS Puerto Rico's sale of UBS Puerto Rico municipal bond closed end funds.

$2 Million Interactive Brokers VXX ETN Award

In January 2017, a FINRA arbitration panel in Richmond, VA ordered Interactive Brokers to pay at least $1,930,000 in compensatory damages, debt cancellation and attorney's fees. Dr. McCann testified on liability - specifically on whether VXX ETNs and options on VXX ETNs were eligible for portfolio margin - and damages.

9 Results

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