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Brittany Weiner win FINRA arbitration; Award grants full expungement of Form U5
In the Matter of the FINRA Arbitration Case Number 15-00385. Arbitration award in favor of FINRA broker grants complete expungement – changing the reason for termination on broker’s Form U5.
By: Imbesi Law P.C.
The FINRA Arbitration decision, issued December 18, 2015, set forth that the initial reason for termination on the broker’s Form U5 was false and defamatory.
Attorney Brittany Weiner, of the law firm Imbesi Law P.C., successfully represented the FINRA broker, which included an in-person hearing at FINRA’s Boston office.
The FINRA broker filed a claim for arbitration that requested various remedies and expungement of all relevant information from his Form U5 and BrokerCheck report.
After a hearing, the FINRA arbitrator issue an award that set forth:
The Arbitrator recommends that the current reason for termination on the Form U5 filed by Merrill Lynch, Pierce, Fenner & Smith Inc. on June 21, 2012 for Claimant Kevin M. Sullivan's (CRD # 3031620) registration records maintained by the Central Registration Depository ("CRD") be expunged and changed to "Voluntary" and the Termination Explanation appear blank. This recommendation is based on the defamatory nature of the information.
A copy of the decision can be obtained by accessing FINRA's website.
Imbesi Law P.C. represents both customers and brokers in FINRA arbitration, including issues involving expungement of inaccurate information maintained in FINRA’s CRD.
Imbesi Law P.C. Attorney Advertising 450 Seventh Avenue, New York, NY 10123.