Investor Awarded Lost Opportunity (or, Market-Adjusted) Damages, Reimbursement of Investor’s Costs, Pre-judgment and Post-judgment Interest Mansoor Karamooz, Trustee, et al. v. J.P. Morgan Securities (FINRA Arbitration No. 17-00791) After J.P. Morgan Securities refused to make Dr. Mansoor Karamooz whole for the damages suffered by his three trusts during the five-year period it managed his investments, […]

David W. Couch, Leslie L. Briley, Jr., et al. v. Wedbush Morgan Securities, et al. (NASD Arbitration No. 00-00737) Following a seven-day arbitration, a Los Angeles-based NASD securities arbitration panel voted unanimously to award a group of 11 investors represented by Montgomery G. Griffin a total of $1,086,000, which included 100% of their losses resulting […]

On September 22, 2016, the Law Offices of Montgomery G. Griffin (“LOMGG”) (with the assistance of co-counsel James McQueen, Esq. of Newport Beach) obtained a landmark legal ruling in the United States District Court for the Southern District of Florida (Case No. 1:16-cv-21261JLK).  The case involved a former broker (represented by a major international law […]

MF Global, Inc. v. Sohan Dua (FINRA Arbitration No. 09-01371) MF Global, Inc. sued Sohan Dua, alleging that he was a sophisticated and experienced investor who had failed to repay a margin loan that MF Global made to him against his portfolio.  After the Law Offices of Montgomery G. Griffin was retained to represent Dr. […]

In 2019, the Law Offices of Montgomery G. Griffin (“LOMGG”) successfully obtained expungement of two dated customer complaints from the FINRA CRD/BrokerCheck Record of a former registered representative (“Client”) who was in the process of relaunching her career as a Certified Financial Planner.  Both complaints were placed on the Client’s record as a result of […]

Newport Coast Securities, Inc. v. Deborah Scott (FINRA Arbitration No. 11-03419)  After terminating its Chief Compliance Officer (Deborah Scott), Orange County-based brokerage Newport Coast Securities (“NCS”) brought a FINRA arbitration against her, after which she retained the Law Offices of Montgomery G. Griffin. Following the firm’s analysis of the facts and law, the firm filed […]

Ryan P. Romines v. Thomas Gavigan (former Ameriprise broker) (FINRA Arbitration No. 11-00633) Following a lengthy dispute that was eventually decided by a FINRA arbitration Panel in San Francisco after four days of hearings stemming from the purchase of a sizeable book of business at Ameriprise from a departing advisor, the Law Offices of Montgomery […]

W.L. “Cotton” Gray, Sophie Ratkovich, et al. v. Merchant Banking Services, Inc., et al. (NASD Case No. 98-03752) A group of elderly investors represented by Montgomery Griffin before an NASD arbitration Panel alleged securities fraud violations, the recommendation of unsuitable securities, and a failure to diversify their portfolios by two financial advisors and the brokerage […]

Marie and Pat Atake v. Legend Merchant Group (FINRA Arbitration No. 08-00049) Following a hearing before a FINRA arbitration Panel in Los Angeles that addressed a variety of securities industry investment violations, including constructing unsuitable portfolios and failing to diversify, Pat and Marie Atake were awarded $107,895, plus $5,000 for “discovery delay sanctions” (quoting the […]

Dee Ann Phillips v. Lawrence S. Jay (FINRA Case No. 05-01391) The Law Offices of Montgomery G. Griffin’s client, a single woman who owned and ran a small business in Nevada, was awarded $311,252 for her broker’s construction of an unsuitable portfolio, his failure to diversify, and his fraudulent representations to her during the period […]