News By Tag
News By Location
Imbesi Christensen wins FINRA arbitration on behalf of 2 brokers; Form U5 expungement granted
In the Matter of the FINRA Arbitration Case Number 13-02300. Arbitration award in favor of two FINRA brokers grants complete expungement.
By: Imbesi Christensen
The two (2) brokers filed a claim for Arbitration with FINRA, requesting various claims including expungement of all relevant information from their Form U5 and BrokerCheck.
After a hearing, the FINRA arbitration award set forth:
Claimants' request for expungement is granted. The Arbitrator recommends the expungement of all references to the customer complaint filed by Respondents against Claimants with CRD …
Pursuant to Rule 12805 of the Code, the Arbitrator made the following Rule 2080 affirmative finding of fact:
The claim, allegation, or information is false.
A copy of the decision can be obtained by accessing FINRA's website.
Imbesi Christensen represents both customers and brokers in FINRA arbitration, including issues involving expungement of inaccurate information maintained in FINRA’s CRD and on Form U5s.