FINRA Arbitration Filed Against National Securities Corporation

Dec. 19, 2011 - PRLog -- The White Law Group announces that it has filed a Financial Industry Regulatory Authority (FINRA) arbitration statement of claim against National Securities Corporation.  The claim seeks to recover losses of approximately $80,000.

The claim, filed by The White Law Group, was submitted to FINRA Dispute Resolution on behalf of an individual investor from Seattle, Washington for violation of common law fraud, breach of fiduciary duty, negligence, and negligent supervision. The claim alleges that National Securities Corporation and their registered representative unsuitably invested a significant portion of this individual’s retirement in unsuitable investments, and in so doing, failed to properly ascertain the investor’s suitability and improperly advised the investor to set up a portfolio that was wholly unsuitable and in violation of the Know Your Customer and suitability rules of FINRA.

FINRA Dispute Resolution is an arbitration venue for investors with claims against their brokerage firm or financial professional.  It provides investors with an opportunity to attempt to recoup their investment losses and is an alternative to filing such claims in court.

For more information on the claim filed by The White Law Group, please contact the firm's Chicago office at 312-238-9650.

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The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm.

For more information on The White Law Group, please visit the firm's website at http://www.whitesecuritieslaw.com.