Rayburn et al v HSBC Securities - $775,000 Structured Products Award

In May 2007, an NASD arbitration panel in Los Angeles, CA ordered HSBC Securities to pay $775,000 in damages after a hearing wherein the Claimants alleged Respondents misrepresented features and omitted material facts in the sale of structured "snowball" notes to Claimants. Dr. McCann testified on behalf of the Claimants.

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Craig J. McCann