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Gillespie vs Oppenheimer et al - $1.2 Million Churning Award

In January 2013, a FINRA arbitration panel in Houston, TX ordered Oppenheimer & Co. to pay at least $1,214,200 including attorneys' fees, interest and expenses after a hearing wherein the Claimant alleged Respondents churned the Claimant's accounts. Dr. McCann testified to the egregiousness of the churning and damages on behalf of the Claimant.

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